Ceci n'est pas un blog
For a novel take on this perplexing question, read this, or listen to this:
| Print article | This entry was posted by Anthony on 2 Feb 2007 at 9.57 pm, and is filed under Asides. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
Loading ...
Anthony: Mathematics is much more beautiful and quantum physics is much more impressive ;)
Philip Walker: Yes, money, among its other functions, is a placeholder for (economic) value. In particular, it's...Anthony: Thanks for that link - makes a lot of sense. I think the issue is related to risk, so the interest...Philip Walker: Of course, we're rather stuck with banks, too. But then, this would stymie the whole point of the...Anthony: I probably don't like pension schemes either, but we're kind of stuck with them for the time being....Philip Walker: As a matter of fact, pension funds do generally invest in some fixed-interest securities and make...Anthony: Thanks for the comments, Phil. I think on point 2 it's that wealthy individuals can guarantee that...Philip Walker: Well, technically, the question now is: is Mills correct? One wouldn't like to beg the question,...
I live in York and I'm a research fellow in 