Constructive Economics Second Supplement to book Solution a New Text book Fo
Constructive Economics Second Supplement to book Solution a New Text book Fo
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In our eReader you can find the full English version of the book. Read Constructive Economics Second Supplement to book Solution a New Text book Fo Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Constructive Economics Second Supplement to book Solution a New Text book Fo
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To quickly assess the difficulty of the text, read a short excerpt:
To measure accurately the money-value of their growth it would be absolutely necessary to use the wages paid for these during their growth or development into a finished com- modity. Gold or any other thing is utterly unable to perform that task. After the commodity has been finished, ready for consumption, and such is no longer in any process or stage of development, then we may use the footrule, pint measure or pound weight, as the case may be.
Money is also like a game of shinny which the bo...ys play on ice, each having a shinny-stick, while the theoretical dollar is the shinny.
This theoretical dollar is willing to obey everyone who has a big stick in his hand and knows how to use it, while those who have gathered around to watch the game are fre- MORALS AS TO STANDARD OF VALUE 39 quently hit with the shinny, which makes a very noticeable impression wherever it strikes.
Money to be based on a standard of value would have to possess something (labor and wages of labor) which would be cemented down, and so firm that no individual human power could move or alter it except congress.
What to read after Constructive Economics Second Supplement to book Solution a New Text book Fo?
You can find similar books in the "Read Also" column, or choose other free books by Paul Gustav Lewis to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
To measure accurately the money-value of their growth it would be absolutely necessary to use the wages paid for these during their growth or development into a finished com- modity. Gold or any other thing is utterly unable to perform that task. After the commodity has been finished, ready for consumption, and such is no longer in any process or stage of development, then we may use the footrule, pint measure or pound weight, as the case may be.
Money is also like a game of shinny which the bo...ys play on ice, each having a shinny-stick, while the theoretical dollar is the shinny.
This theoretical dollar is willing to obey everyone who has a big stick in his hand and knows how to use it, while those who have gathered around to watch the game are fre- MORALS AS TO STANDARD OF VALUE 39 quently hit with the shinny, which makes a very noticeable impression wherever it strikes.
Money to be based on a standard of value would have to possess something (labor and wages of labor) which would be cemented down, and so firm that no individual human power could move or alter it except congress.
What to read after Constructive Economics Second Supplement to book Solution a New Text book Fo?
You can find similar books in the "Read Also" column, or choose other free books by Paul Gustav Lewis to read onlineMoreLess
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