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People Produce and Sell In Order to Buy and Consume. Political Borders Do Not Alter this Reality.

Posted By Don Boudreaux On September 30, 2012 @ 9:50 am In Trade,Video | Comments Disabled

In this brief and crystal-clear video, Marty Mazorra nicely illustrates one of chief insights of the economics of trade in a world with multiple nation-based (or region-based) monies [1].  (And I thank him for plugging my 2008 book, Globalization [2].)

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[1] In this brief and crystal-clear video, Marty Mazorra nicely illustrates one of chief insights of the economics of trade in a world with multiple nation-based (or region-based) monies: http://www.betweenthelines.us/rhetoric-merges/

[2] Globalization: http://www.amazon.com/Globalization-Greenwood-Guides-Business-Economics/dp/031334213X%3FSubscriptionId%3DAKIAIXEFNBARM7QFJMCQ%26tag%3Dinvisiblehear-20%26linkCode%3Dxm2%26camp%3D2025%26creative%3D165953%26creativeASIN%3D031334213X

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