Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?

Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good? Is money a producers’ good or a capital good, or is it sui generus, as Mises, Rothbard, and other Austrians have maintained? We argue that all action is either consumption or production, and that exchange is but a form of production. Consequently, all goods are either consumers’ goods or producers’ goods; there is no third possibility. And that among these two money is a producers’ good, not a consumer good. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png The Review of Austrian Economics Springer Journals

Money: Capital Good, Consumers’ Good, or (Media of) Exchange Good?

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Publisher
Kluwer Academic Publishers
Copyright
Copyright © 2005 by Springer Science + Business Media, Inc.
Subject
Economics; Public Finance; Political Science; History of Economic Thought/Methodology
ISSN
0889-3047
eISSN
1573-7128
D.O.I.
10.1007/s11138-005-6826-1
Publisher site
See Article on Publisher Site

References

  • On the Optimum Quantity of Money
    Barnett, W.; Block, W.

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