Austrian School Arguments on the Free-Market Origin of Money

<div class="group-left col-xs-4 col-xs-4 col-xs-4" style="box-sizing: border-box; clear: left; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 10px; position: relative; width: 147.984375px;"> <div class="image img-responsive border-secondary" style="border-top-color: rgb(56, 112, 158); border-top-style: solid; border-top-width: 8px; box-sizing: border-box; height: auto; margin-top: 5px; max-width: 100%;"> <img alt="Audio Essay" height="165" src="https://mises.org/sites/default/files/styles/list_teaser/public/static-page/img/Audio%20Essays_0.jpg?itok=-812IG_-" style="border: 0px; box-sizing: border-box; display: block; height: auto; max-width: 100%; vertical-align: middle; width: 127.984375px;" title="Audio Essay" typeof="foaf:Image" width="240" /></div> <div class="tags" style="box-sizing: border-box; color: #788086; font-size: 11px; padding-top: 5px;"> <span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/monetary-theory" style="box-sizing: border-box; color: #788086; text-decoration: none;">Monetary Theory</a></span><span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/money-and-banking" style="box-sizing: border-box; color: #788086; text-decoration: none;">Money and Banking</a></span></div> </div> <div class="group-right col-xs-8 col-xs-8" style="box-sizing: border-box; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 0px; position: relative; width: 296px;"> <h2 class="teaser-title" style="box-sizing: border-box; color: #00426b; font-family: crimson_text, Georgia, 'Times New Roman', Times, serif; font-size: 23px; line-height: 1.1; margin-bottom: 12.5px; margin-top: 0px; vertical-align: top;"> <a href="https://mises.org/library/austrian-school-arguments-free-market-origin-money" style="box-sizing: border-box; color: #38709e; text-decoration: none;">Austrian School Arguments on the Free-Market Origin of Money</a></h2> <br /> <section class="group-date-author" style="box-sizing: border-box;"><span class="date" style="box-sizing: border-box; color: #00426b; font-weight: 600; text-transform: uppercase;">AUGUST 25, 2008&nbsp;</span><span class="author" style="box-sizing: border-box;"><span style="box-sizing: border-box;"><a href="https://mises.org/profile/gennady-stolyarov-ii" rel="author" style="box-sizing: border-box; color: #00426b; text-decoration: none;">Gennady Stolyarov II</a></span></span></section>Austrian Economics offers an elegant, logical, and thoroughly causal explanation of how money came to be, again demonstrating the power of the free market to spontaneously organize human activity in meaningful and universally beneficial ways.</div> <div class="group-right col-xs-8 col-xs-8" style="box-sizing: border-box; color: #494e54; float: left; font-family: myriad-pro, 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 15px; min-height: 1px; padding-left: 10px; padding-right: 0px; position: relative; width: 296px;"> <br /></div> <div class="group-right col-xs-8 col-xs-8" style="box-sizing: border-box; color: #494e54; 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