How Should Personal and National Wealth Be Measured?
Money For the Rest of Us
00:00
Lauderdale's Insights on Wealth
Lauder: Capital could be used for buildings, machinery and that it supplants labor. He said money is useful as an instrument of exchange by which the value of all commodities is measured and expressed. Lauderdale also has his concerns about too much capital and too few hands.
Transcript
Play full episode
