2min chapter

The "What is Money?" Show cover image

Gauge Theory, Gold, and Bitcoin | The Weinstein Series | Episode 1 (WiM079)

The "What is Money?" Show

CHAPTER

The Marginal Revolution of Values

The rise overrun is a ratio of movement across space and time. It's even speed itself, right? It's change in position or a change in time. To tie this to economics, prices are ratios of exchange expressed in money - which is just the universal language of economic numeracy. And now, just to speak to the marginal revolution of values. I understand it before, and this is in the 18 seventies, i think so this is relatively new.

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