Comparative advantage is hugely important because by recognising it we deploy capital more efficiently capital being money equipment labour and our own skills in the process we maximise value and economic progress for all an aprioristic law that is true in economics such as that of comparative advantage knows no national boundaries. Papers and discussions presented at the 1974 inaugural conference of the center for studies in law and economics university of miami school of law description 220 pages 22 cm responsibility edited by henry g manne roger leroy miller for the center for studies in law and economics university of miami school of law. Buy and sell gold in the way in amounts at rates and on conditions the secretary considers most advantageous to the public interest and buy the gold with any direct obligations of the united states government or united states coins and currency authorized by law or with amounts in the treasury . Gold money and the law 1st edition by roger leroy miller and publisher routledge save up to 80 by choosing the etextbook option for isbn 9781351516969 1351516965 the print version of this textbook is isbn 9780202361581 0202361586. Practically speaking gold and silver specie will be treated as money putting it on par with federal reserve notes in the state the law defines specie as coins having gold or silver content or refined bullion coined stamped or imprinted with its weight and purity
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