On Oct 6, 2011, at 2:56 PM, Jim Devine wrote: > economists typically don't use that definition. > Because "typical" economists, having no understanding of money (nor of anything else of economic importance) regard money as merely a "veil" behind which, as Say's law holds, is the "real" (ie., barter) economy.
> On Thu, Oct 6, 2011 at 11:24 AM, Shane Mage <[email protected]> > wrote: >> >> On Oct 6, 2011, at 1:30 PM, Jim Devine wrote: >>> Maybe the author needs to define what he >>> means by "money"? >> >> Why should he have to do that? *The* definition of money is stated >> on >> the front of >> every Federal Reserve Note: "legal tender for all debts public and >> private." Shane Mage "scientific discovery is basically recognition of obvious realities that self-interest or ideology have kept everybody from paying attention to" _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
