5min chapter

The "What is Money?" Show cover image

The Psychology of Property | The Stephan Kinsella Series | Episode 4 (WiM235)

The "What is Money?" Show

CHAPTER

What Does It Mean to Produce?

In a free market, the way it works is you have private owners and they own the so what does it mean to produce? We're just simply actors were people that have control of our bodies. When we do that, we can grasp things and use them as means of action or as tools to try to leverage our control over the world. So production simply means to rearrange an input factor into a more useful arrangement. That's all it means.

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