In a basic agricultural society, it's easy enough to swap five chickens for a new dress or to pay a schoolteacher with a goat and three sacks of rice. Barter works less well in a more advanced economy. The logistical challenges of using chickens to buy books on Amazon.com would be formidable.
Charles Wheelan[Y]ou possess all the attributes of a demagogue; a screeching, horrible voice, a perverse, crossgrained nature and the language of the market-place. In you all is united which is needful for governing.
AristophanesTags: nature language selfishness character government greed administration voice politicians attributes marketplace barter human-voice demagoguery
With the breakdown of money economy the practice of international barter is becoming prevalent.
John Maynard KeynesOver the course of human history, many items have briefly flourished as means of exchange, only to be demonetarized. Now, we have demonetarized money.
Markham Shaw PyleTags: money barter currency exchange
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