Join Nostr
2025-08-18 14:02:14 UTC
in reply to

Weltzeitgeist on Nostr: The other problem lies in the economy itself. The neoclassicals, like the Austrians ...

The other problem lies in the economy itself. The neoclassicals, like the Austrians and later the libertarians, see money as commodity money that is used for exchange. But to this day they have not been able to solve the Hahn problem because they took the wrong turn from the beginning.

Hahn Problem:
https://journals.openedition.org/oeconomia/1052