This book is unique in providing the first full English translation
of Menger's seminal article Geld - one of the most influential
papers on the origin of money. The editors aim to facilitate a
broader and more detailed discussion of Menger's method, theory and
findings with this translation and in depth analysis. Menger's
institutional approach is applied and extended to the analysis of
the evolution of payments systems, focusing in particular on
electronic money, on its institutional character, and on monetary
policy as well as predictions of likely future developments. Carl
Menger and the Evolution of Payments Systems will be of great
interest to financial economists and Austrian economists as well as
historians of economic thought.
General
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