Hence, statement cost living different different localities means indi — Ludwig von Mises, Theory Money Credit

Norway Timelapse
PlayPlay

previous arrow
next arrow
Norway Timelapse
Budapest Timelapse
Iceland Timelapse
Berlin Timelapse
London Timelapse
previous arrow
next arrow

Hence, the statement that the cost of living is different in different localities only means that the same individual cannot secure the same degree of satisfaction from the same stock of goods in different places.

Ludwig von Mises, The Theory of Money and Credit

Related Authors: Ludwig von Mises | The Theory of Money | Credit

Related Topics: capitalism, economics, freedom, money

Leave a Reply

Your email address will not be published. Required fields are marked *