Appendix IX: The So-Called Ethical Orientation of Political Economy
Different from the “historical orientation” and yet closely connected with its methodology is the so-called “ethical orientation” of our science. As its main representatives in German economics we can designate C. W. Ch. Schütz, B. Hildebrand, K. Dietzel, the Hungarian J. Kautz, et al. As its chief adherents, however, we can designate the majority of the historical economists of Germany.
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Investigations into the Method of the Social Sciences
The Origins of Money
On The Origins Of
ON THE ORIGINS OF
MONEY
Title Page
ON THE ORIGINS OF
MONEY
CARL MENGER
Copyright Page
“On the Origins of Money” first appeared in the Economic Journal 2 (1892): 239–55; translation is by C.A. Foley.
© 2009 by the Ludwig von Mises Institute and published under the Creative Commons Attribution License 3.0.
http://creativecommons.org/licenses/by/3.0/
Foreword by Douglas E. French
Foreword
I. Introduction
I. Introduction
II. Attempts at Solution Hitherto
II. Attempts at Solution Hitherto
Thus far it can hardly be claimed for the results of investigation into the problem above stated, that they are commensurate either with the great development in historic research generally, or with the outlay of time and intellect expended in efforts at solution. The enigmatic phenomenon of money is even at this day without an explanation that satisfies; nor is there yet agreement on the most fundamental questions of its nature and functions. Even at this day we have no satisfactory theory of money.
III. The Problem of the Genesis of a Medium of Exchange
III. The Problem of the Genesis of a Medium of Exchange
