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By Joakim Book For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action. Carl Menger…
By Joakim Book For a brief moment starting in the 1870s, economics was close to becoming a genuine science of human action. Carl Menger…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…
