News

The Tobacco Standard in Colonial America

MMT and chartalism claims that money is a creature of the state and is valued because of state action. The fact that tobacco acted as colonial money independently of the state demonstrates this to be false.

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:News

News

Comrade Aristotle?

In today‘s Friday Philosophy, Dr. David Gordon looks back upon the ethical views of the ...