This paper enlarges Menger’s theory of the origins of money by making explicit the role of entrepreneurship in the theory and by extending the theory to market institutions other than money.
Jack High
Jack High is professor emeritus at George Mason University. He is the author or editor of several books on economics and business, including Maximizing, Action, and Market Adjustment (1988), A Nation in Debt (1990); A Century of the Sherman Antitrust Act (1990); Regulation (1991), The Politics of Purity (1999), Competition (2001), and Humane Economics (2007).