Economic Theory in the 21st Century

Towards a Renewed Understanding of Money and Capital from a System-wide Perspective
“Toward gold throng all, To gold cling all, Yes, all!” In times of money, which is intrinsically worthless and may therefore be provided in arbitrary amounts by a society, is it really adequate that we still (like Goethe did for gold) regard these petty paper slips as the scarcest resource of them all?

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