ABSTRACT

No single explanation gives a satisfactory description of the sources of the origin of money. A similar charge can be advanced against them all. Each explanation, no matter how quixotic it may be, it only serves to confuse the issue in some way or another. The varying account of the origin of money owes to the multiplicity of circumstances of the changing economic conditions. None of these conceptions, however, corresponds to every economic reality. Each attempt is a response to meet the intellectual needs of its age.