BEGINNER

Money

MARCH 14, 2013

Money is a widely accepted form of payment for goods and services. It serves as a medium of exchange, a store of value, a unit of account, and standard of deferred payment. Types of money include, but are not limited to, physical notes, coins, and bank deposits.

 

Lawrence White - Money & Free Banking

 

Gregory Rehmke - Money and Inflation

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CURRENT ISSUE

November 2014

It's been 40 years since F. A. Hayek received his Nobel Prize. His insights, particularly on the distribution of knowledge and the impossibility of economic planning, remain hugely important today. In this issue, we look back on the influence of his work. Max Borders and Craig Biddle debate whether liberty must be defended from one absolute foundation, further reflections on Scottish secession, and how technology is already changing our world for the better--including how robots, despite the unease they cause, will only accelerate this process.
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