maanantai 23. elokuuta 2010

Milton Friedman and The 4 Ways to Spend Money

According to Milton Friedman there are 4 ways of using money:

1. Spend your own money on yourself
2. Spend your own money on someone else
3. Spend someone else's money on yourself
4. Spend someone else's money on someone else

Here is a nice lesson on how the spending of money happens in a society.

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