Audio Mises Wire

The Last Day of Barter and Questions for the First Day of Chartalism

Audio Mises Wire
Joshua Mawhorter

In examining the Austrian Regression Theorem of Money, Joshua Mawhorter takes on the Chartalist/MMT claim that government gives money its value. The Chartalist/MMT advocates lack a necessary cause-and-effect mechanism to prove their claims.

Original article: https://mises.org/mises-wire/last-day-barter-and-questions-first-day-chartalism