Posted by: Ken Fischer on: March 27, 2009
Economics, according to wikipedia, is the social science that studies the production, distribution, and consumption of goods and services. Notice money is not mentioned. But the current theories of economics socio-economic (Kondratieff (Kondratiev), Schumpeter, Kuznets) , fiscal-economic (Keynesian / Monetarist) and political-economic (Libertarian/Austrian) theories are all based on monetary markets. Well that makes sense because [...]
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