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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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Carl Menger

Cartalist, Chartalist, Menger, origins of money, debasement, lawrence h. white, mints, coinage
Commodity Money, Economic History, Fiat Money

Why the "State Theory of Money" Doesn't Explain the Coinage of Precious Metals

Larry White/August 24, 2017August 24, 2017 /227 Comments

I've begun working on a new book on the gold standard. In the first chapter I plan to discuss the origin of money, as a preliminary to discussing how silver and gold became the world's dominant commodity monies. The topic of the origin of money has become…

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Adam Smith, barter, Carl Menger, David Graeber, history of money
Economic History, Economic Thought

Graeber, Once More

George Selgin/March 24, 2016March 24, 2016 /31 Comments

After I published my recent post on "The Myth of the Myth of Barter," I tweeted the link to it to David Graeber himself, as I thought his response might be interesting. Was it ever!  Before you could say Jack Robinson, Graeber let loose a fusillade of…

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Adam Smith, barter, Carl Menger, David Graeber, history of money
Economic History, Economic Thought

The Myth of the Myth of Barter

George Selgin/March 15, 2016March 3, 2020 /68 Comments

So far as some people are concerned, when it comes to bashing economists, any old stick will do. That, at least, seems to be true of those anthropologists and fellow-travelers who imagine that, in demonstrating that certain forms of credit must be older than either monetary exchange…

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  • George Selgin
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Recent Posts

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  • Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II
  • Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part I
  • Ending the Fed's Emergency Lending Facilities: Mnuchin v. Waters
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  • George Selgin on Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II
  • Hu McCulloch on Modeling the Legend, or, the Trouble with Diamond and Dybvig: Part II
  • Brutus admirer on Has Bitcoin Succeeded?

About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today's centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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