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Practical Obstacles to the ‘Standard’
Author(s) -
Cowen Tyler
Publication year - 1986
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.1986.tb01777.x
Subject(s) - george (robot) , commodity , economics , law and economics , economic history , mathematical economics , management , art , art history , market economy
Changes of units of account are faced with severe practical difficulties, argues Tyler Cowen, Post‐doctoral Fellow in Economics at George Mason University, Virginia. The Preferoble alternative to commodity based units of account is to be found in the private supply of new medio of exchange.