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The genesis of money: the economic theories confronted to the anthropology and history lessons

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Author Info
Pierre ALARY
Abstract

From a conceptual point of view, the Jevons' theory of money impacts the contemporary research on money. The following paper checks if the constraints identified by this author explain the money genesis in a historical perspective. This comparative analysis proves that exchanges are not a goad in pre-market economies. Therefore, in these economies, the constraints identified by Jevons do not exist and, historically, the double coincidence of want (for example) does not explain the genesis of money.

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Publisher Info
Article provided by Centre national de la recherche scientifique (CNRS), Paris in its journal Cahiers d'économie Politique.

Volume (Year): (2009)
Issue (Month): 56 (January -June)
Pages: 129-149
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Handle: RePEc:cpo:journl:y:2009:i:56:p:129-149

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Find related papers by JEL classification:
A1 - General Economics and Teaching - - General Economics
B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates

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This page was last updated on 2009-12-2.

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