TEXT ❖ BASE
John Stuart Mill — Principles of Political Economy
John Stuart Mill
Principles of Political Economy
Exchange
Chapter IV. Of Money.
Chapter IV. Of Money.
§ 1. The three functions of Money—a Common Denominator of Value, a Medium of Exchange, a “Standard of Value”.
§ 2. Gold and Silver, why fitted for those purposes.
§ 3. Money a mere contrivance for facilitating exchanges, which does not affect the laws of value.