Invisible Hand Explanations: the Case of Menger's Explanation of the 'Origin of Money'
AbstractMenger's explanation of the 'Origin of Money' is one of the paradigmatic examples of invisible hand explanations. This paper examines Menger's explanation in detail and comments on the characteristics of invisible hand explanations.
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Bibliographic InfoPaper provided by EconWPA in its series Method and Hist of Econ Thought with number 0004001.
Date of creation: 05 Apr 2000
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invisible hand; invisible hand explanations; Menger; origin of Money; Explanation;
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- B - Schools of Economic Thought and Methodology
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- Mikael Stenkula, 2003. "Carl Menger and the network theory of money," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 10(4), pages 587-606.
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