The AEC’s fundamental goal is to promote a free, responsible and prosperous society. Through education and improving public understanding of key economic questions, the AEC promotes the idea of a free market economy and the ideal of a free society.
Austrian Economics Center
Grünangergasse 1/15-1
A-1010 Vienna
Phone: +43 1 505 13 49 32
Web: austriancenter.com
© Copyright , Austrian Economics Center
Imprint | Contact
Privacy Policy
Comment
|
December 15th, 2014
Cryptocurrencies and a Wider Regression Theorem
by Peter St. Onge The debate whether or not cryptocurrencies […]
Author
Team AECby Peter St. Onge
The debate whether or not cryptocurrencies are “money” has put a spotlight on the Menger-Mises Regression Theorem. As stated, the theorem posits that a non-fiat money must have had value before it became a money. Some have used currencies’ lack of antecedent value as knocking it off the money pedestal or as forcing cryptocurrencies to ignominiously piggyback on fiat currencies’ own regressions.
Continue reading….
Author
View all posts
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
Do you like the article?
We are glad you do! Please consider donating if you want to read more articles like this one.
Related
Comment
How to Lose a Constitution—Lessons from Roman History
September 1st, 2014
Comment
Return to a Draft?
June 12th, 2013
Comment
Paintings, Unicorns, and the $20 Work of Fine Art
March 15th, 2022
Comment
Ukraine’s latest weapon—tax reform
April 8th, 2022
Comment
The Top Three Arguments against a Universal Basic Income
September 11th, 2017