In Part I we surveyed the problems associated with defining money, and offered a working definition - money is the most marketable good. In Part II, we took a deep dive into marketability and looked at three different ways we can observe and … [Continue reading]
In Part I of this essay we introduced the challenges of understanding what makes something money. After offering critiques of two of the most common ways of understanding money, we submitted a third definition built upon the idea of marketability. We … [Continue reading]
Problems with Defining Money What is money? How does an economic good become a monetary good? What gives money its “moneyness”? Money is such a familiar part of everyday life that such questions often go unasked. Unasked questions aren't … [Continue reading]
Last week I did something I hadn't done in quite a while... I got into an argument about economics. … [Continue reading]
“We aren’t tempted by the profit motive, so we’re more attuned to truly serve the needs of our customers…” “We don’t have the constant pressure of meeting a bottom line which often distracts us from really pursuing our mission…” “I’m so glad … [Continue reading]