Daily Archives: February 21, 2009

Coincidence of Wants Problem Destroyed By Internet

Posted on February 21, 2009 by

The Conicidence of Wants, the conceptual basis of our money system, has this formulation: The phrase double coincidence of wants was used in Jevons (1893). “[T]he first difficulty in barter is to find two persons whose disposable possessions mutually suit … Continue reading →

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