GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, August 14, 2015

Money Demystified -- Dr. Malavika Nair

Dr. Nair recently spoke at our Mises Boot Camp seminar, and did a great job presenting our introductory course on money. She explains the origins of money, how it evolved, how it derives value, and how it should function in society. Her lecture is a great 30 minute refresher course for anyone familiar with the evolution of money from the perspective of Menger and Mises, and it's the perfect introduction to share with your friends and family who haven't studied economics.

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