Darren Easton on Nostr: Carl Menger (1840–1921). “Money is not an invention of the state,” wrote the ...
Carl Menger (1840–1921). “Money is not an invention of the state,” wrote the great founder of the Austrian school. “It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.” #Bitcoin
Published at
2023-11-25 09:44:27Event JSON
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