Braydon Fuller on Nostr: This is a classic book at the foundation of the Austrian school of economics and ...
This is a classic book at the foundation of the Austrian school of economics and still relevent after 151 years! Highly recommended!
"Money is not an invention of the state. It is not the product of 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."
— Principles of Economics by Carl Menger (pp 261-2)
Available in a translated reprint at:
https://store.mises.org/Principles-of-Economics-P239.aspxPublished at
2024-11-19 22:26:56Event JSON
{
"id": "6286a8d01d7f9ca0160d2baf99f68d68ee44c954d25ae1d0114cc34aca97cdb9",
"pubkey": "1bf9f239dca1636149bc2f3fc334077ae959ea9607cacf945ef8f8bb227dc5e1",
"created_at": 1732055216,
"kind": 1,
"tags": [
[
"r",
"https://image.nostr.build/19a38defd03284c87010577eaeeadee516b79ff76f11febd0e7da9b04bf97109.jpg"
],
[
"r",
"https://store.mises.org/Principles-of-Economics-P239.aspx"
],
[
"imeta",
"url https://image.nostr.build/19a38defd03284c87010577eaeeadee516b79ff76f11febd0e7da9b04bf97109.jpg",
"m image/jpeg",
"alt Verifiable file url",
"x c421d737beda18c2a04cc9c2fe6fbe86f8bb735e8cb12c9e383971887bd7add4",
"size 76600",
"dim 568x887",
"blurhash ^DHwrvDi_NH?-;$zVX9aIokCRjt75nozxZM|s.oL9aM|-o%2ayof%2s:M{RjNHR*jZbHkCR+NHofofs.aybGkCWVo0oeoea}RkR*xaRkWC%1bHWB",
"ox 19a38defd03284c87010577eaeeadee516b79ff76f11febd0e7da9b04bf97109"
]
],
"content": "This is a classic book at the foundation of the Austrian school of economics and still relevent after 151 years! Highly recommended!\n\n\"Money is not an invention of the state. It is not the product of 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.\"\n\n— Principles of Economics by Carl Menger (pp 261-2)\n\nhttps://image.nostr.build/19a38defd03284c87010577eaeeadee516b79ff76f11febd0e7da9b04bf97109.jpg\n\nAvailable in a translated reprint at:\n\nhttps://store.mises.org/Principles-of-Economics-P239.aspx",
"sig": "c95bb45774efe5b278bc5dd84ca7cc25b96d40aebb8ec2d351de9d94ff88dd41a9ef07b30430e043d006ee59be348d3c007bb27e034d5335743c61223b736909"
}
