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168. Available now: Principles of Economics!

The Bitcoin Standard Podcast

CHAPTER

The Evolution of Economizing

The book explains the concept of trade, why trade happens and how people exchange things freely. The next stage in the evolution of economizing is to move toward a system where we use a medium of exchange for money. In this chapter, I present money from first principles in a way that I believe is even more thorough than what I did in the Bitcoin standard.

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