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One may say that there is no bigger confusion in economic theory than the one that surrounds the phenomenon of money This confusion exists because money is a complex phenomenon Money isnt just an economic but also a legal social and psychological category It is said that money represents one of the greatest cultural achievements of mankind That is why economic theory alone cannot give an answer to what money is Money belongs to a group of the grandest inventions of man During its long evolution from primitive and simple to modern and complex form money was changing its meaning and inner value so its very hard to give a definition which can precisely explain its nature However all big financial crisis just as the last Asian currency crisis lead to a conclusion that its more than important to know the real meaning and functions of money that is that the definition of money doesnt only have a theoretical but also a big practical value One of the most important missions of every theory including economic is to try and explain cause and consequences that is to clarify the causality of economic events In explaining cause - consequential relations theory establishes hypothesis which later tries to prove The hypothesis the integrity of money depends of the moral integrity of those who control it If we take a look at the Roman monetary history its clear that the monetary decay and chaos eventually lead to the fall of the economy and in great part the empire Wells gives five causes that lead to the fall of the Roman Empire of which the first and most important is 8230a complete absence of every kind of freely exercised thought and any kind of organization whose purpose would be expansion and development of science How Romans treated science is best seen in the case of a Roman soldier who in the conquest of Syracuse slew
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