So why is gold better than cowrie shells again?
History.
Who wants shells?
The 'Austrian' Economic model refers to it's proponents place of origin, not the countries economic system.
http://mises.org/page/1443/What-is-Austrian-Economics
If you have an interest in liberty, fiscal sanity and (un)common sense you will find this site compelling.
More depth:
http://mises.org/daily/3561
If nothing else, read the preface to Henry Hazlett's 'Economics in One Lesson. Very applicable to the situation today.
http://www.fee.org/library/books/economics-in-one-lesson/#0.1_L2
History.
Who wants shells?
The 'Austrian' Economic model refers to it's proponents place of origin, not the countries economic system.
http://mises.org/page/1443/What-is-Austrian-Economics
If you have an interest in liberty, fiscal sanity and (un)common sense you will find this site compelling.
More depth:
http://mises.org/daily/3561
If nothing else, read the preface to Henry Hazlett's 'Economics in One Lesson. Very applicable to the situation today.
http://www.fee.org/library/books/economics-in-one-lesson/#0.1_L2