The Ludwig von Mises Institute

Advancing the Scholarship of Liberty in the Tradition of the Austrian School

Source link: http://archive.mises.org/17116/what-is-money/

May 27, 2011 by Mises Daily

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A man would die of hunger who, having decided that money is real wealth, should carry out the idea to the end. FULL ARTICLE by Frederic Bastiat

{ 8 comments }

William P May 27, 2011 at 8:41 am: This is my favorite Bastiat essay. For those who do not understand money, there’s no better explanation! Reading and thinking about this piece opened my eyes up to a whole new way of thinking.
GSL May 27, 2011 at 11:26 am: We had fun with this subject back in March.
r May 27, 2011 at 1:37 pm: What an excellent essay, in a delightful 19th century style.
Cash for Gold May 27, 2011 at 7:37 pm: What a fascinating read! Thanks for the excellent work
Havvy May 28, 2011 at 12:49 am: I, unlike B, am without patience. Maybe I shall try again in the morning.
David May 28, 2011 at 2:52 am: I wonder if Bernanke has ever read this?
Alexis May 29, 2011 at 5:28 pm: Real wealth is in tangible goods… not the “promise” of monetary value which is exactly what money is.
Cash for gold orange county June 24, 2011 at 1:58 am: Thanks for the article! Bernanke definitely need to take a look at that

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