Armen Alchian Quote

It is a general prevalence of double coincidence of information rather than wants by both parties that would avoid the use of money.


Armen A. Alchian, "Why money?." Journal of Money, Credit and Banking 9.1 (1977): 133-140.


It is a general prevalence of double coincidence of information rather than wants by both parties that would avoid the use of money.

It is a general prevalence of double coincidence of information rather than wants by both parties that would avoid the use of money.

It is a general prevalence of double coincidence of information rather than wants by both parties that would avoid the use of money.

It is a general prevalence of double coincidence of information rather than wants by both parties that would avoid the use of money.