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From WP: "John Law was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself and that national weal
by batterseapower 15y ago
From WP: "John Law was a Scottish economist who believed that money was only a means of exchange that did not constitute wealth in itself and that national wealth depended on trade".
Also used as a pseudonym by Mencius Moldbug for his classic piece on gold: http://www.safehaven.com/article/5205/why-the-global-financial-system-is-about-to-collapse http://www.safehaven.com/article/5205/why-the-global-financi...