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Man, Economy, and State Study Guide Answers Ch. 4

Ch. 4 – Prices and Consumption What is the significance of the fact that the “number of markets needed is immeasurably reduced” in a money economy? (pp. 233-35)A.  In a direct exchange economy (a hypothetical concept), each good has a … Continue reading

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First Post

The purpose of this blog is to educate myself and others about the ideas of liberty, particularly pertaining to the Austrian School of economics.  I got the idea to start a blog from a video of author and historian Tom … Continue reading

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