From Markets to Money

Robert Clower
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Robert Clower: Hugh c. Lane Professo9r of Economics Economic Theory, the University of South Carolina; Honorary Fellow, Brasenose College, Oxford; Professor of Economics Emeritus, UCLA

Ekonomia, 1999, vol. 3, issue 1, 1-13

Abstract: The ‘human’ propensity to truck and barter’ as adumbrated by Adam Smith, J. B. Say, Jevons and other pre-neoclassical writers offers an account of the pre-requisites for the emergence of markets and related monetary phenomena that is empirically as or more persuasive than anything offered by modern monetary ‘theorists’. This paper presents a heuristic underpinning for that earlier literature.

JEL-codes: E40 (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:ekn:ekonom:v:3:y:1999:i:1:p:1-13

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