Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community
The book Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community was written by author David Ames Wells Here you can read free online of Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community a good or bad book?
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87 services rendered at some indefinite time or place (possibly forgotten or disputed by its recipient), and " for which the holder has not received the equivalent to which he is inher- ently entitled under the system of division of labor."* The best money, therefore, according to the philosophers of this idea, was an evidence that some one person owed some other person ; and, consequently, the more debt, the more money ; and the more money, the more wealth, unless it is to be sup- posed (as is... not reasonable) that this sort of money was not to have the first attribute of all other money — namely, purchas- ing power. Moreover, although the philosophers did not exactly say so, the inference was also legitimate, that in a community using merely "token" or "remembrance" money, the sm-est way to get rich would be to get in debt, and the best way of carrying on an enlightened system of trade and commerce, to exchange commodities, the results of time and labor, for evidences of debt without interest.
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