Value and Exchange

From Theory and History, Part One, “Value”. Narrated by John Pruden.

Anderson's contribution to economic theory is summed up in his two books: Social Value and The Value of Money.

The British Currency School did not criticize the multifarious projects to lower or abolish interest by means of a banking reform.

In the early 1700s, France turned on the taps of paper-money inflation.

You cannot measure the immeasurable.

If the dictator invests more and thus curtails the means available for current consumption, the people must eat less and hold their tongues.

Seeing the rise of effective new competition, the older artisans and manufacturers turned to the state apparatus to try to shackle the efficient up

Anyone who champions the well-being of society should especially celebrate commercial centers, stock markets, international trade, and every sector

France’s absolutism and strictly enforced mercantilism put it out of the running as a leading nation in industrial or economic growth, despit

There are thousands of people around the world wishing to live in the average American household, where bread is just a fraction of one’s inc