Revisiting the Definition of Money
DOI:
https://doi.org/10.30800/mises.2013.v1.497Keywords:
Money, Currency, Medium of exchange, Indirect exchange, Definition, ConceptAbstract
According to the majority of Austrian School economists, money is defined as the universally accepted medium of exchange. However, this notion of money is vague. Thus, aiming at removing as many imprecisions as possible, we hereby propose a refinement in the definition of money.
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Published
2013-12-01
How to Cite
1.
Ulrich F. Revisiting the Definition of Money. MisesJournal [Internet]. 2013 Dec. 1 [cited 2024 Dec. 26];1(2):433-40. Available from: https://misesjournal.org.br/misesjournal/article/view/497
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Section
Economics, Methodology and Praxiology