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History of the Austrian School of Economics
Kristoffer Mousten Hansen

The Menger-Mises Theory of the Origin of Money — Conjecture or Economic Law?

Quarterly Journal of Austrian Economics

Author: Kristoffer Mousten Hansen

Online Publish Date: June 18, 2019

Category: History of the Austrian School of Economics, Monetary Theory

ABSTRACT : In recent years some economists have begun to doubt the scientific standing of the standard Austrian theory of the origin of money. They seem to think that it is only one possible solution to the problem of accounting for money’s value. Of these economists, Gary North (North 2012b) has presented the most cogent counter-interpretation to

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