What is Money
The following is a great lecture on "What is  Money", given by Joseph T. Salerno, in which he successfully  communicates 'what money is' in a down to earth and easy to understand  manner.
In the realm of ideas and in advocating voluntary  markets, it is extremely important to have a clear understanding of what  money is.
Rep. Ron Paul sponsored this Congressional lecture on  "What is Money?", part one of a three part series on the basic  principles of money for Congressional staff. As a continuing educational  tool this lecture was filmed and is provided to the public. Joseph T.  Salerno, Ph.D., delivered the lecture. He is academic vice president of  the Mises Institute, professor of economics at Pace University, and  editor of the Quarterly Journal of Austrian Economics.
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