Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result… — Carl Menger Copy Share Image
We are confronted by the appearance of social institutions unintentionally created, vital for the welfare of society, which are not the result of reasoned… — Carl Menger Copy Share Image
Money is not an invention of the state. It is not the product of a legislative act. — Carl Menger Copy Share Image
Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is… — Carl Menger Copy Share Image
