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Charles Wheelan

“In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable.”


Charles Wheelan, Naked Economics: Undressing the Dismal Science
tags: barter, economics
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Naked Economics: Undressing the Dismal Science Naked Economics: Undressing the Dismal Science by Charles Wheelan
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