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The Philosophy of Money with Stephen Hicks (WiM350)
The "What is Money?" Show
The Utilitarian Standard for the Public Interest
The idea is that we have to have a single societal good at a given time. And so it's majority that gets to prescribe what the collective interest is for a certain amount of time. James Buchanan and the public choice school in economics, Buchanan won the Nobel Prize for launching the school.
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