What is Nostr?
Martin /
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2024-09-04 07:14:49
in reply to nevent1q…hndc

Martin on Nostr: And the fact that economics IS just another social science among all the others in ...

And the fact that economics IS just another social science among all the others in modern universities - and a disparaged one at that - indicates that money is not truly a concept in neoclassical economics.

I believe Mises made this point over 70 years ago. Abstracting away money prices makes economics meaningless.
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