From Markets to Money
The ‘human’ propensity to truck and barter’ as adumbrated by Adam Smith, J. B. Say, Jevons and other pre-neoclassical writers offers an account of the pre-requisites for the emergence of markets and related monetary phenomena that is empirically as or more persuasive than anything offered by modern monetary ‘theorists’. This paper presents a heuristic underpinning for that earlier literature.
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Volume (Year): 3 (1999)
Issue (Month): 1 (summer)
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