2min chapter

The "What is Money?" Show cover image

Praxeology: The Study of Human Action with Knut Svanholm (WiM332)

The "What is Money?" Show

CHAPTER

The Importance of Private Property Rights

Even if material wealth didn't matter, we would still need to have property rights just to determine who gets to you. And it's another thing is that free speech only makes sense if property rights have already been violated. So I would say that our speech now, your voice and my voice are acting as money. They have a certain moneyness to them since we're exchanging value with one another by talking.

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