Charles Wheelan Quote
In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable.
Charles Wheelan
In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable.
Tags:
economics
Related Quotes
Savers have to be punished so debtors can be saved.Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.And why is that important? Because the banking...
Chris Martenson
Tags:
banking, banking system, banks, corrupt, corruption, debt, debtor, economics, economy, finance
It's WW2 and there are wage controls in place. Instead of health care, companies decide to offer employees shoes. Having absorbed those costs, they later lobby for every company to be required to offe...
Jeffrey Tucker
Tags:
anarcho capitalism, anarchy, coercion, collectivism, communism, economics, free, free markets, freedom, government