Premium
The ‘Standerd’ Has Already Happened
Author(s) -
Tideman Nicolaus
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.tb01782.x
Subject(s) - commodity , state (computer science) , economic history , economics , law and economics , classics , political science , law , history , mathematics , market economy , algorithm
Evidence from United States refutes allegations of the impracticability of commodity‐based units of account. Nicolaus Tidemon, Professor of economies at Virginia Polytechnic Institute and State University, supports Professor Hayek's praposal with a ‘real‐life’ example of its implementation.