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

Tag: economics barter



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[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.

Aristophanes

Tag: nature language selfishness character government greed administration voice politicians attributes marketplace barter human-voice demagoguery



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With the breakdown of money economy the practice of international barter is becoming prevalent.

John Maynard Keynes

Tag: economy fail barter



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Over 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 Pyle

Tag: money barter currency exchange



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