In Money and the Mechanism of Exchange (1875), William Stanley Jevons famously analyzed money in terms of four functions: a medium of exchange, a common measure of value (or unit of account), a …

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money, a commodity accepted by general consent as a medium of economic exchange. It is the medium in...

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What Is Money? This Author Dug Into the Fun History of How a Made-Up Thing Came to Rule the World

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