“To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.”
Quote by Lysander Spooner
Work
The Collected Works of Lysander Spooner: Economic writings
The Collected Works of Lysander Spooner: Economic writings is a comprehensive compilation of the economic theories and arguments presented by Lysander Spooner. It encompasses his extensive work on the principles of free markets, individual rights, and the limitations of government intervention. Spooner's writings are significant for their influence on the development of economic thought and his advocacy for a society based on voluntary exchange and personal liberty. more
Author
Lysander Spooner
Lysander Spooner was an American philosopher, abolitionist, and legal theorist who lived from January 19, 1808, to May 14, 1887. He is recognized for his contributions to the philosophy of individual rights and his advocacy for the abolition of slavery. Spooner's work has had a profound impact on the fields of law and philosophy. more