Show #2 - The Nature of Money - Steve Horwitz - 10/02/09

Download | Duration: 00:00:00



I began the show with an example of how market transactions would have to take place in the absence of money, using my own experience as a musician.My aim is to demonstrate how cumbersome and innefficient barter systems are, and how money "makes the world go 'round" and in the process creates the wealth and prosperity modern "moneyed" societies enjoy, as long as their economic systems are not burdened with excessive regulation and/or brutal oppression.

 

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