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First crack in the wall | 35 comments (35 topical, editorial, 0 hidden)
Re: Yes, of course, that's the fun part of it ... (none / 0)
Huh
Veil of money describes a problem in economics, which centers on the question of whether money is a commodity like other commodities, such as oil or gold or food - or whether it has special properties.


When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Carrie (migeru at eurotrib dot com) on Sat Jun 7th, 2008 at 03:47:10 AM EST
[ Parent ]
That framing of the money veil question .. (none / 1)
... illustrates a deeper problem in economics, that when economists treat money as "stuff" rather than as a network of social institutions, we end up tying ourselves in knots.


I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.
by BruceMcF (agila61 at netscape dot net) on Sat Jun 7th, 2008 at 02:38:37 PM EST
[ Parent ]

First crack in the wall | 35 comments (35 topical, 0 editorial, 0 hidden)
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