The Nature of Money

Dense textual analysis might appear to lend plausibility to Sgambati’s critique of The Nature of Money [Sgambati 2015]; however, it is replete with misunderstanding and misrepresentation. Given the critique’s complexity, perhaps only the books’ author is able to detect and unravel the extent of the obfuscation. Limitation on space restricts my response to the most fundamental of the myriad errors and confusion, and unfortunately precludes dealing with Sgambati’s alternative analysis of money’s “significance.”