What Is Money?

05/27/2011 Claude Frédéric Bastiat

A man would die of hunger who, having decided that money is real wealth, should carry out the idea to the end, writes Frédéric Bastiat (1801–1850).

This audio Mises Daily is narrated by Holly Hinton and Joel Sams.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.