"By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money, and by 'the price of money' this actual quantity of other goods."

Economics, Money, Values, Exchange, Economy

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"By 'the objective exchange-value of money' we are accordingly to understand the possibility of obtaining a certain quantity of other economic goods in exchange for a given quantity of money, and by 'the price of money' this actual quantity of other goods."

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"War prosperity is like the prosperity that an earthquake or a plague brings."

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"The attainment of the economic aims of man presupposes peace."

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"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace."

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"Manufacturing and commercial monopolies owe their origin not to a tendency imminent in a capitalist economy but to governmental interventionist policy directed against free trade and laissez faire."

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"Human civilization is not something achieved against nature; it is rather the outcome of the working of the innate qualities of man."

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"War... is harmful, not only to the conquered but to the conqueror."

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"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation."

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"Economically considered, war and revolution are always bad business."

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"Wars of aggression are popular nowadays with those nations convinced that only victory and conquest could improve their material well-being."

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