What is money? For thousands of years, currency was tied to a commodity, if the commodity itself wasn’t actually exchanged. Today, that relationship has drastically been altered. Money, as a human institution, has evolved from having a real value to only having a perceived value. Hear the effects of that policy shift from Milton Friedman, Robert Hall, and Daniel Gressel in the latest episode of the Free To Choose Media Podcast, Money.
Recorded in 1998, Dennis McCuistion, former Clinical Professor of Corporate Governance and Executive Director of the Institute for Excellence in Corporate Governance at the...
Recorded in 1995, Dennis McCuistion, former Clinical Professor of Corporate Governance and Executive Director of the Institute for Excellence in Corporate Governance at the...
Recorded in 1995, Dr. James M. Buchanan, Harris University Professor at George Mason University and Dr. Jennifer Roback Morse, Associate Professor of Economics at...