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Scoop.it!
Marx's Money Theory of Value 
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Scoop.it!
The importance of the Austrian school of economics is nowhere better demonstrated than in the area of monetary theory. It is in this realm that the simplifying assumptions of mainstream economic theory wreak the most havoc.
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Anyone who knows him personally would attest that David Gordon is a troublemaker. He lived up to this label with a recent review of the new book by Steve Forbes and Elizabeth Ames. Gordon took them to task for referring to money as a measure of value, analogous to a ruler or clock; Gordon cited the authority of Ludwig von Mises while rejecting such a view. In a previous post here at Mises Canada, I then defended Gordon from the reply of John Tamny. Yet now I see that economist Marc Miles has jumped in the fray, also thinking that Gordon is ignorant of basic economics.
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First appeared on Investopedia Bitcoin was launched in 2009 as the world’s first decentralized, private digital currency. Because it has no physical denominations, Bitcoin only exists inside of an interlinked computer network system.
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Some fellow engineers I work with have been mining and tradingBitcoin since well before the mainstream hype of the last few months, and in talking to them I’ve become increasingly interested in it as well. It is one of the more elegant technological ideas to come along in a long time, and its greater economic, sociological, and political implications are also fascinating to me.
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From
vod
Having raised over $37,000 on Kickstarter to make a TV show about the future of money, Heather Schlegel knows a thing or two about both social and financial value.
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Australia’s top 200 companies have under-performed compared to their US peers when it comes to creating value for shareholders, despite the faster pace of economic growth locally, according to a report.
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Paul Polman, the CEO of Unilever, thinks American-style capitalism is broken, and he blames, in good part, the cult of shareholder value that has been all the rage since the 1980s.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation
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