at its core ....
there is a staggering amount of cooperation
Commerce
is a beautiful thing
.. legal dimmension
.. a personal dimmension
when distilled down it is a transaction between strangers
It has:
.. we assume parties enter into transaction voluntarily and are mutually beneficial.
You may not want to see a lawyer..
But at least get to choose one.
GAME THEORY
society, culture, the law allows for protected transaction
By creating a liquid open market individual parties benefit by access to Pareto-optimial solutions.
X
Y
I have X .. you are willing to take Y
That X better have universal appeal.
or you will be haggling quite often.
the utility of money is the utility of the things it can by when its needed.
By Stevie
