Nomisma

2021-05-04 18:39:01

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Nomisma was the ancient Greek word for "money" and is derived from nomos (νόμος) "anything assigned, a usage, custom, law, ordinance"....but money has become by convention a sort of representative of demand; and this is why it has the name 'money' (nomisma) – because it exists not by nature but by law (nomos) and it is in our power to change it and make it useless. —Aristotle, Nicomachean Ethics [1133b 1].

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