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Are Talents* Money?

From time to time the CES gets accused of being “just another money system”. Is this the case? Are Talents just another form of money? To be able to answer this question, we first need to be clear on what money is. Then we can make the comparison. According to the...

What is Exchange?

In the realm of economics, the word exchange hardly ever appears. This is strange because the economy, surely, is about exchanging what we contribute to it for the things we need, even if this exchange is through the medium of money. Money itself is defined as a...