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Invisible Hand Explanations: the Case of Menger's Explanation of the 'Origin of Money'

N. Emrah Aydinonat ()

Method and Hist of Econ Thought from University Library of Munich, Germany

Abstract: Menger's explanation of the 'Origin of Money' is one of the paradigmatic examples of invisible hand explanations. This paper examines Menger's explanation in detail and comments on the characteristics of invisible hand explanations.

Keywords: invisible hand; invisible hand explanations; Menger; origin of Money; Explanation (search for similar items in EconPapers)
JEL-codes: B (search for similar items in EconPapers)
Date: 2000-04-05
New Economics Papers: this item is included in nep-evo
Note: Type of Document - PDF; prepared on Any; to print on Any;
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpmh:0004001

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