Advances in Social Science, Education and Humanities Research (ASSEHR), volume 252 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018) The Money Factor from the Perspective of the Adherents of a Subsistence Economy and Mercantilism Yakov Yadgarov Department of Economic Theory Financial University under the Government of the Russian Federation Moscow, Russia E-mail:
[email protected] Sergei Tolkachev Vladimir Ostroumov Department of Economic Theory Department of Economic Theory Financial University under the Government of the Russian Financial University under the Government of the Russian Federation Federation Moscow, Russia Moscow, Russia E-mail:
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[email protected] Abstract—The purpose of this work is to outline general considering the special role of this factor in all aspects of and special aspects in different perceptions of the place and public life, have also considered the money factor. role of money and money circulation in economic life. This is done by means of historical and economic analysis of the views This is clearly reflected, first, in natural economy "money of the adherents of subsistence economic ideology in the ideology". Towering achievements are considered, from Ancient world and the Middle Ages, as well as of the views of interpretations of the essence and purpose of money by rulers, mercantilists, who were the pioneers of market economic scholars, and philosophers of ancient Oriental and Antique ideology. The objective was to show substantial aspects of public entities until medieval times in those countries in conventional money theory existed in these time periods and which interpretation of the purpose of the money was seen include alternative versions, such as nominalist, metallist, and through the prism of religious, philosophical, and moral- quantity theories.