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2. as a unit of account。 Sound Navigation requires... Sound Measurement “Money has not been generated by law. In its origin it is a social, and not a state institution.” Carl Menger New Zealand Society of Actuaries Conference 2021 Presentation by Louis Boulanger amp。 Professor Antal Fekete 2 On the origins of money... ? Carl Menger?s essay (1892) is the most important reading source to fully grasp and understand the true origins of money ? a social phenomenon of practice/habit ? money is... a social (not a sta