The Market, Part 7 to blupete's Essay
"On The Nature Of Man"
As History will show the development of human life became wholly dependant on a regular market process. In the age of barter the market process was readily intelligible, but, in an age of abstract interpersonal processes and indirect exchange, the economic order is simply not understandable, even to the most enlightened individual perception. (For example, money and its institutions, which traditionally have so offended moralists, are subjects which bewilder specialists.)
The simple and timeless fact is, as described by Adam Smith in 1776, that, given the diversity of man's knowledge, only the individual through his own industriousness and ingenuity, is able, in a random way, of accessing (if one will forgive the computer lingo) the bit or bits of information required to advance his own particular need or want.
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