My conclusion on Mises' regression theorem:
It a useful framework for understanding how a good can emerge as a medium of exchange, but Mises was wrong that a good could not become a medium of exchange without adhering to the theorem. His theorem also violates the subjective theory of value.
https://www.aier.org/article/misess-regression-theorem-bitcoin-and-subjective-value-theory/
Emile Phaneuf III
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2023-06-18 03:19:27
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2023-06-18 03:19:27Event JSON
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