I'm looking for a quote by Friedrich Hayek on money.
He's talking about how money is so misunderstood by the masses. There's also something about comparing money to love, in that no one knows what love is either. But while there have been many songs, books, etc. written about love, the popular literature on money is very scarce.
I think this was in Road to Serfdom or Fatal Conceit, or it may have been quoted in Radicals for Capitalism by Doherty.
Anyone know what I'm talking about?
AnalyticalAnarchism.net - The Positive Political Economy of Anarchism
In the Denationalisation of Money he argues that money is not a noun but an adjective that we apply to commodities. Thus all goods have a bit of moneyness and the most liquid commodity has the most moneyness and is thus "money". Its complete cobblers, as with most things Hayek said that he didn't steal from Mises, but its what he says.
The atoms tell the atoms so, for I never was or will but atoms forevermore be.
Yours sincerely,
Physiocrat