POLS 2900 Lecture : Jan 17
3 Sep 2014
School
Department
Course
Professor
Document Summary
This is a convenience factor in this exchange he sees no problem in bartering monetary economy beyond this factor, there is a virtue of having gold and silver coins the virtue is that these metals are imperishable unlike apples and food . gold and silver last forever and this means that we can hoard money without violating natural law it never spoils no matter how much you collect so you never run the foul of spoilage limitations previously in earliest age of humankind wept together, now they are divorced the poor without means of substances, now might have an incentive to become thieves, the wealthy who have effectively what used to be divided among themselves, compete with one another and come into conflict this latter stage of the history of property, resembles the inconvenient state of nature on the verge of state of war.
