De-Bamboozled
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Sunday, May 10, 2009. As demonstrated in previous chapters, money must originate as a commodity. One cannot use praxeology to determine which commodity will do so. Still, praxeology tells us that the commodity must have a wide acceptance among people, and that they must see that it will be accepted as a means of exchange for other goods. If there are two monies, like gold and silver, how can both be used? Economic reformers posit that th.
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The first step to becoming De-Bamboozled is to take the Mises Institute Home Study Course in Austrian EconomicsCONTENT
This web page debamboozle.blogspot.com states the following, "The first step to becoming De-Bamboozled is to take the Mises Institute Home Study Course in Austrian Economics." We saw that the webpage said " Tuesday, March 24, 2009." It also said " LvMI Home Study Course - WEEK 6 VALUE, UTILITY and PRICE. 1 What is the division of labor? The division of labor is the voluntary and cooperative division of specific tasks among individuals within society in order to produce goods. 2 What is the law of association? 3 Which party benefits from a voluntary trade? 5 Give an example of a price formed in a barter economy."SEEK SIMILAR DOMAINS
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