Saturday, June 14, 2014

What Is Money? How Money Emerges From the Free Market In Commodities-A Lecture From Murray N. Rothbard.

We re-post this one (click on the lecture on MONEY AND PRICES) by popular demand. What is money? In this one lecture you will learn more about money than 99.9% of undergraduate economics majors, graduate economics majors, MBA students, and con men like Paul Krugman know. Unless you understand what money is , you can't understand why America's central planning leads to inflation.