Acton Institute Powerblog Archives

Post Tagged 'Luis de Molina'

The Change We Need

As Luis de Molina (1535-1600) writes in A Treatise on Money (forthcoming): It is clearly evident that petty exchange is useful to the republic, as it is often that men need coins of a lesser value in order to buy the things they need daily, or to give alms, or for other such things in which the coinage of a higher value is of no use. Continue Reading...

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