Revisiting the Definition of Money

Authors

  • Fernando Ulrich

DOI:

https://doi.org/10.30800/mises.2013.v1.497

Keywords:

Money, Currency, Medium of exchange, Indirect exchange, Definition, Concept

Abstract

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]. 2013Dec.1 [cited 2021Jul.25];1(2):433-40. Available from: https://revistamises.org.br/misesjournal/article/view/497

Issue

Section

Economics, Methodology and Praxiology