Value and Exchange
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3.2. On Bills of Exchanges and their Nature
Bills of Exchange are a type of contract that can reduce the expense associated with transporting money.
1.12. All Classes and Individuals in a State Subsist or Grow Rich at the Expense of the Property Owners
Cantillon develops a circular-flow model of the economy that shows the distribution of farm production between property owners, farmers, and workers.
2.5. The inequality of the circulation of hard money in a State
If factories were permitted in rural areas, basic commodities could be turned into goods, which could then be sent to the cities at a much lower transport cost.
3.7. Further Explanations and Enquiries as to the Utility of a National Bank
National Banks are of little utility and can be the source of economic chaos.
1.7. The Labor of the Plowman is of Less Value than that of the Artisan
Skilled workers must be paid higher wages than unskilled workers.
1.17. Metals and Money, and especially of Gold and Silver
Gold and silver hold many advantages over other goods, such as durability, divisibility, transportability, and homogeneity
2.10. The Causes of Increases and Decreases of the Interest Rate on Money in a State
The interest rate is a critical factor in the valuation of assets.
Diversity in Goals Brings Diversity in Value
Every person has different goals for himself, which means everyone will value differently the means to attain those ends.
Diversity in Goals Brings Diversity in Value
Every person has different goals for himself, which means everyone will value differently the means to attain those ends. No central planner can know these goals and values.
