Economics, Econometrics and Finance
8 years ago

Medieval economy holds key to revolutionize monetary theory and exchange.

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Money and Exchange : Folktales and Reality
Sasan Fayazmanesh

Paper Summary

The article explores whether we can learn about money and exchange from medieval times. It looks at different theories from ancient to modern times, focusing on the basics like barter, money, and exchange. The researchers found that some old ideas about money and exchange are wrong, and they suggest new ways to think about these concepts.

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