“Only those who have a choice between two economic goods are able to form a judgement as to value, and they do this by preferring the one to the other. If we start with valuations from the point of view of society as a whole, we tacitly assume the existence of a socialized economic organization in which there is no exchange and in which the only valuations are those of the responsible official body.”
— The Theory of Money and Credit (LvMI) by Ludwig von Mises
https://a.co/bNJvfh3
jon
npub1wt…cjjv2
2024-05-20 17:39:47
Author Public Key
npub1wtfnlhvhvm90lgsgyd6cu82tj3v429y7qkuu54srwzxpefppc2zq3cjjv2Published at
2024-05-20 17:39:47Event JSON
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"content": "“Only those who have a choice between two economic goods are able to form a judgement as to value, and they do this by preferring the one to the other. If we start with valuations from the point of view of society as a whole, we tacitly assume the existence of a socialized economic organization in which there is no exchange and in which the only valuations are those of the responsible official body.”\n\n— The Theory of Money and Credit (LvMI) by Ludwig von Mises\nhttps://a.co/bNJvfh3",
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