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Any private agent minting a coin in the conditions of a competition. I already
Has expressed in other place and I will not begin to explain here again that
Market economy possibilities could reveal much more full, if
The state monopoly for money (Hayek, 1976/78 and 1986 has been abolished:
8 - 10).
Anyway, but steady animosities to "monetary reasons",
Being in this case the main subject of our consideration, occurs
From full misunderstanding of an irreplaceable role of money thanks to which become
Possible and the expanded order of human cooperation, and realisation
All calculations in terms of market values. Money is inseparable from
Extending mutual cooperation - something which are falling outside the limits
Human comprehension, or the explainable, otherwise, lying out of limits
And willingly recognised as us as a source of favorable possibilities.
Condemnation of profit and contempt for trade
Objections beaux esprils our time - intellectuals, about which we already
Spoke in previous heads and which just have mentioned again, - in
The general, differ from objections of members of primitive groups a little; because of it,
Actually, also it is necessary to name their requirements and aspiration an atavism. At
Market order, trade, money and financial institutions there is one
Feature - for the intellectuals impregnated constructivist
Biases, almost intolerable: that manufacturers, dealers and
Financiers are engaged in abstract calculations of costs and profits, not
Worrying about concrete requirements of people familiar to them. However they forget
(Or the arguments resulted by us on the previous are absolutely not accessible to them)
Pages. The aspiration to profit is just that allows to use
Resources most effectively. It provides the most productive
Use of any potential support to which can secure at others
For the sake of consumption, instead of for the sake of profit ", which in this or that form
Meets at many: from Aristotle to Bertrana Russell, from Albert Einstein
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