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The passage above should be clearly be understood as "No good can be employed _for the long run_ ...". Otherwise various local currencies that have risen and di
by MarcusBrutus 13y ago
The passage above should be clearly be understood as "No good can be employed _for the long run_ ...". Otherwise various local currencies that have risen and died over the years (e.g. "Ithaca hours") could also have been construed as counter-examples to the regression theorem.
- deleted 13y ago[deleted]