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• date: 11/24/2014 9:46:09 AM
• originalFile: 1373-money-the-state-and-modern-mercantilism.pdf
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• docReferenceNumber: 1373
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• author: Murray N. Rothbard
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  /t03
  A mechanism fOT inflation
  Money, the State and Modern Mercantilism
  MURRAY N. ROTHBARD
  MONEY IS the nerve center of any economy
  above the most primitive level. An economy
  consists of a vast and intricate network
  of two-person exchanges, and money con·
  stitutes one side of every exchange. Money
  is the medium by which producers of goods
  and services (sold for money) proceed to
  become consumers of goods and services
  (bought for money). If anyone person or
  organization m...

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1373-Money, the State and Modern Mercantilism.pdf