The Origins of Money
AbstractThe 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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Date of creation: 18 Nov 2002
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origins money evolution Menger reciprocal kin altruism;
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- N - Economic History
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- NEP-ALL-2002-11-28 (All new papers)
- NEP-EVO-2002-11-28 (Evolutionary Economics)
- NEP-HIS-2002-11-28 (Business, Economic & Financial History)
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