In On the Origins of Money, Carl Menger offers a groundbreaking explanation of how money emerged naturally from human exchange. Rejecting the idea that money was created by governments or laws, Menger argues that it arose spontaneously as individuals sought more efficient ways to trade goods in the marketplace.
Clear, logical, and remarkably modern, this classic essay lays the foundation of the Austrian School of Economics and reshapes our understanding of markets, value, and economic order. Essential reading for anyone interested in economics, finance, or the origins of social institutions, Menger’s work remains as relevant today as when it was first written.
