info:eu-repo/semantics/article
On money as a conventional sign: Revisiting Aristotle’s conception of money
Fecha
2021-06Registro en:
Crespo, Ricardo Fernando; On money as a conventional sign: Revisiting Aristotle’s conception of money; Cambridge University Press; Journal of Institutional Economics; 17; 3; 6-2021; 459-471
1744-1374
1744-1382
CONICET Digital
CONICET
Autor
Crespo, Ricardo Fernando
Resumen
Regardless of the historical evolution of money, some passages of Aristotle's works shed light on its meaning and nature. This paper will attentively consider these passages. The first section presents Aristotle's thoughts on money. While the second section analyses money as a unit of measurement, the third section deals with its conventional nature, and the fourth draws from the theories of signs elaborated by John Poinsot and Charles Peirce to expand the explanation of the nature of money as a sign. The conclusion considers three levels of consideration of money based on Aristotle's thoughts: (1) universal abstract money, (2) instantiated in specific currencies, and (3) the actualization of their properties and potentialities in actual economic dealings.