“All money is essentially merchandize.”

— Anne Robert Jacques Turgot

§ 40
Reflections on the Formation and Distribution of Wealth (1766)

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Anne Robert Jacques Turgot12

French economist 1727–1781

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“All merchandize has the two essential properties of money, to measure and to represent all value: and in this sense all merchandize is money.”

Anne Robert Jacques Turgot (1727–1781) French economist

§ 39
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