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In a developed economy, the satisfaction of desires can be obtained not only by goods in use, but also by goods in exchange.
Original Article: "Using Goods vs. Exchanging Them: Menger Explains the Difference"
This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.
Antony P. Mueller
Dr. Antony P. Mueller is a German professor of economics who currently teaches in Brazil. Write an email. See his website and blog.