Puzzles Austrians Solved Long Ago

01/15/2004 Mises Wire Llewellyn H. Rockwell Jr.

Here is Hal Varian struggling to answer a question Menger dealt with in 1892 (why is money accepted?) and Mises addressed in 1912 (whence comes its value?). Still Varian's column is fun and interesting. (Thanks to David Franke)

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