CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]

April 26, 2019 00:23:03
CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]
Bitcoin Audible
CryptoQuikRead_240 - Rothbard on Utility Theory [Mises.org]

Apr 26 2019 | 00:23:03

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Hosted By

Guy Swann

Show Notes

Today we grab a section out of one of the many incredible works by Murray N. Rothbard to discuss the idea of marginal utility and why money must be a good, and actually is not a unit of measure.  As value can only be measured as relational to another good, money follows the same law of diminishing marginal utility.  Find out why with our read & discussion of Rothbard's "Toward a Reconstruction of Utility and Welfare Economics" from the incredible library at the Mises Institute. Check out the full work to dive much deeper into this topic and so much more at Mises.org and the link below: https://mises.org/library/toward-reconstruction-utility-and-welfare-economics-0#2 --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

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