The law of marginal utility applies to all goods, including money. A man who produces additional units of money can allocate the money to an end which is not currently satisfied. This results in higher money prices being paid for goods; that is, an ...
Guido Hülsmann's newest contribution (book, webbed) is a "concise exposition of monetary theory, with special emphasis on the ethical and institutional aspects of money production" (Preface). He has a tough act to follow, for the scope of his book is ...
Help us add to our database, by linking this writer their entry in Wikipedia or Source Watch, or by suggesting that we remove it from our index.