Monetary Theory

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Frank Shostak

Mainstream economists claim money has purchasing power because the government issuing the money has so declared. That makes no sense.

Jorge Besada

Carl Menger is best known for his vital role in creating the marginal revolution of 1871. However, Menger’s insights ranged well beyond value theory, as he wrote excellent commentary on money and sociology.

Joakim Book

In a new book, The Natural Order of Money, Roy Sebag argues that money is the "extension of the natural order," and that it is not arbitrary.