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Ecomonics 102

Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to "closed system" thinking is the notion that quantity of value is limited to the quantity of so-called "real" assets. Cheap debt capital inveigles financial gold rushe...

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Ecomonics 102 | economics102.blogspot.com Reviews
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Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to closed system thinking is the notion that quantity of value is limited to the quantity of so-called real assets. Cheap debt capital inveigles financial gold rushe...
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1 open system economics
2 think value
3 definition of money
4 the austrian problem
5 posted by
6 jake peachey
7 6 comments
8 blog archive
9 october
10 about me
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Ecomonics 102 | economics102.blogspot.com Reviews

https://economics102.blogspot.com

Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to "closed system" thinking is the notion that quantity of value is limited to the quantity of so-called "real" assets. Cheap debt capital inveigles financial gold rushe...

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Ecomonics 102: Open System Economics

http://economics102.blogspot.com/2008/10/value-is-beginning-and-end-of.html

Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to "closed system" thinking is the notion that quantity of value is limited to the quantity of so-called "real" assets. Cheap debt capital inveigles financial gold rushe...

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Ecomonics 102: October 2008

http://economics102.blogspot.com/2008_10_01_archive.html

Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to "closed system" thinking is the notion that quantity of value is limited to the quantity of so-called "real" assets. Cheap debt capital inveigles financial gold rushe...

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EuroYank The Blog: Pros & Cons of Kickstarting Capitalism

http://euroyanktheblog.blogspot.com/2009/11/pros-cons-of-kickstarting-capitalism.html

New Fast Loading Version. Friday, November 13, 2009. Pros and Cons of Kickstarting Capitalism. Whenever the economy stumbles, politicians and interest groups commonly argue that government spending should be increased. Based on a theory known as Keynesianism, this increase is supposed to boost economic performance. Yet the notion that bigger government leads to more growth is both theoretically unsound and empirically false. See the Complete series . The New World Order Is Not New. Keynesian theory sound...

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Ecomonics 102

Monday, October 6, 2008. Things become assets when market participants ascribe value when trading. It doesn't matter whether it is a gold nugget found by someone in a mountain stream or a piece of paper featuring George Washington's image. Assets do not define value, but value defines assets. Assets are only carriers of value. What leads to "closed system" thinking is the notion that quantity of value is limited to the quantity of so-called "real" assets. Cheap debt capital inveigles financial gold rushe...

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