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The Origins of Money

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Author Info
Nick Szabo
Abstract

The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot -- including problems of reciprocal altruism, kin altruism, and the mitigation of aggression. These precursors shared with non-fiat currencies very specific characteristics which are described.

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Publisher Info
Paper provided by EconWPA in its series Economic History with number 0211005.

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Date of creation: 18 Nov 2002
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Handle: RePEc:wpa:wuwpeh:0211005

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Related research
Keywords: origins money evolution Menger reciprocal kin altruism;

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N - Economic History

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This page was last updated on 2009-10-17.

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