Money and exchange : folktales and reality

"Money and Exchange draws upon the work of Aristotle, scholastic economists, Adam Smith, Karl Marx, William Stanly Jevons, and Leon Walras, as well as some modern monetary theorists, to provide a critical analysis of some basic theories that form the starting point of monetary analysis. It concentrates primarily on certain interrelated and fundamental building blocks of monetary theory, such as the difficulties of barter as the origin of money, the concept of exchange as an equation, the noti...