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  • Re: Money as Real Indicator

    [quote user="kaxahdan"] Besides the division of labor as conceived by Adam Smith, another factor that greatly contributes to human welfare or economic progress, according to Menger, is knowledge . This view is held also Mises, Hayek, Rothbard, Reismann and other “Austrians”. What is not so...
    Posted to Economics Questions by Torsten on Sun, Nov 25 2007
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