Hi John,

I'm pretty sure you can go back to Aristotle on this one. I recall him distinguishing between three uses/functions of money -- a unit of account, a store of value and exchange value. Check out Aristotle's Politics and his Ethics.

Tyler DesRoches


-----Original Message-----

> Date: Mon Aug 08 06:22:41 PDT 2011
> From: "John" <[log in to unmask]>
> Subject: [SHOE] Money as a Store of Value
> To: [log in to unmask]
>
>   
>     
>   
>   
>     The earliest reference I can find for money as a "store of value" is
>     in John Locke's Second Treatise. Does anyone have an earlier
>     reference?
>     
>     Thanks,
>     
>     John
>     
>     -- 
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