3. The Quest for Absolute Values
From Theory and History, Part One, “Value”. Narrated by John Pruden.
From Theory and History, Part One, “Value”. Narrated by John Pruden.
Anderson's contribution to economic theory is summed up in his two books: Social Value and The Value of Money.
The British Currency School did not criticize the multifarious projects to lower or abolish interest by means of a banking reform.
If the dictator invests more and thus curtails the means available for current consumption, the people must eat less and hold their tongues.
Seeing the rise of effective new competition, the older artisans and manufacturers turned to the state apparatus to try to shackle the efficient up