On the Origins of Money

Summary

"On the Origins of Money" is a seminal work by Carl Menger, an Austrian economist, published in 1892. In this book, Menger explores the evolution and emergence of money through a detailed analysis of economic history and human behavior. The work is considered a foundational contribution to the Austrian School of Economics. Menger's "On the Origins of Money" delves into the spontaneous development of money as a medium of exchange, challenging conventional theories and presenting a groundbreaking perspective on the origin and nature of money. Menger's analysis emphasizes the role of individual choices and market forces in shaping the evolution of money, making it an influential work in economic thought.