Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community
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In our eReader you can find the full English version of the book. Read Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community
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To quickly assess the difficulty of the text, read a short excerpt:
87 services rendered at some indefinite time or place (possibly forgotten or disputed by its recipient), and " for which the holder has not received the equivalent to which he is inher- ently entitled under the system of division of labor."* The best money, therefore, according to the philosophers of this idea, was an evidence that some one person owed some other person ; and, consequently, the more debt, the more money ; and the more money, the more wealth, unless it is to be sup- posed (as is... not reasonable) that this sort of money was not to have the first attribute of all other money — namely, purchas- ing power.
Moreover, although the philosophers did not exactly say so, the inference was also legitimate, that in a community using merely "token" or "remembrance" money, the sm-est way to get rich would be to get in debt, and the best way of carrying on an enlightened system of trade and commerce, to exchange commodities, the results of time and labor, for evidences of debt without interest.
What to read after Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
87 services rendered at some indefinite time or place (possibly forgotten or disputed by its recipient), and " for which the holder has not received the equivalent to which he is inher- ently entitled under the system of division of labor."* The best money, therefore, according to the philosophers of this idea, was an evidence that some one person owed some other person ; and, consequently, the more debt, the more money ; and the more money, the more wealth, unless it is to be sup- posed (as is... not reasonable) that this sort of money was not to have the first attribute of all other money — namely, purchas- ing power.
Moreover, although the philosophers did not exactly say so, the inference was also legitimate, that in a community using merely "token" or "remembrance" money, the sm-est way to get rich would be to get in debt, and the best way of carrying on an enlightened system of trade and commerce, to exchange commodities, the results of time and labor, for evidences of debt without interest.
What to read after Robinson Crusoe's Money; Or, the Remarkable Financial Fortunes And Misfortunes of a Remote Island Community?
You can find similar books in the "Read Also" column, or choose other free books by David Ames Wells to read onlineMoreLess
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