The Last Day of Barter and Questions for the First Day of Chartalism

In examining the Austrian Regression Theorem of Money, Joshua Mawhorter takes on the Chartalist/MMT claim that government gives money its value. The Chartalist/MMT advocates lack a necessary cause-and-effect mechanism to prove their claims.

Original article: https://mises.org/mises-wire/last-day-barter-and-questions-first-day-chartalism