currency_exchange Monetary Theory
Study of money and its role in economy
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View Full Quote"I don't believe that we shall ever have good money again before we take the thing out of the hands of government. Because we can't take them violently out of the hands of government, all we can do is by some sly or round-about way introduce something they can't stop."
"Money has not been generated by law. In its origin it is a social, and not a state institution. Sanction by the authority of the state is a notion alien to it."
menu_book On the Origin of Money
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Bitcoin: A Peer-to-Peer Electronic Cash System
event 2008
The foundational whitepaper introducing Bitcoin as a decentralized digital currency. Proposes a system for electronic transactions without relying ...
Read MoreAn Essay on the Nature of Trade in General
event 1755
Pioneering work in economic theory written around 1730, covering entrepreneurship, market pricing, monetary economics, and the circular flow, consi...
Read MoreThe Ethics of Money Production
event 2008
Analysis of the moral implications of money production, arguing that fiat money and fractional reserve banking involve moral hazards and violate pr...
Read MoreOn the Origin of Money
event 1892
Menger's influential essay explaining how money emerged spontaneously from barter as the most marketable commodity, without need for government dec...
Read MoreTreatise on the Origin, Nature, Law, and Alterations of Money
event 1355
Medieval treatise criticizing currency debasement and government manipulation of money, one of the earliest works in monetary economics
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