The Difference Between Market and Barter: Money and the Making of Markets

Chapter

Abstract

Market is in many respects distinct from barter. This distinction needs to be emphasized, because the conventional theory treats market and barter erroneously as the same.

Keywords

General Equilibrium Relative Price Conventional Theory Future Good Exchange Partner 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Institute for Economy and the EnvironmentUniversity of St.GallenSt. GallenSwitzerland

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