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How would Goldman describe money, and our knowledge of money having value? How does this relate to community and society? What would Hume claim about the money’s value?

Goldman would define money as an economic unit created to serve as a medium of exchange in an economic context. Money has no intrinsic value seeing as its worth is determined by the forces of supply and demand. Society depends on transactions that assign value to money, making it a desirable commodity. Hume’s views supported the institution of a monetary system as a way of assigning value to items.

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Academic.Tips. 2022. "How would Goldman describe money, and our knowledge of money having value? How does this relate to community and society? What would Hume claim about the money’s value?" August 19, 2022. https://academic.tips/question/how-would-goldman-describe-money-and-our-knowledge-of-money-having-value-how-does-this-relate-to-community-and-society-what-would-hume-claim-about-the-moneys-value/.

1. Academic.Tips. "How would Goldman describe money, and our knowledge of money having value? How does this relate to community and society? What would Hume claim about the money’s value?" August 19, 2022. https://academic.tips/question/how-would-goldman-describe-money-and-our-knowledge-of-money-having-value-how-does-this-relate-to-community-and-society-what-would-hume-claim-about-the-moneys-value/.


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Academic.Tips. "How would Goldman describe money, and our knowledge of money having value? How does this relate to community and society? What would Hume claim about the money’s value?" August 19, 2022. https://academic.tips/question/how-would-goldman-describe-money-and-our-knowledge-of-money-having-value-how-does-this-relate-to-community-and-society-what-would-hume-claim-about-the-moneys-value/.

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"How would Goldman describe money, and our knowledge of money having value? How does this relate to community and society? What would Hume claim about the money’s value?" Academic.Tips, 19 Aug. 2022, academic.tips/question/how-would-goldman-describe-money-and-our-knowledge-of-money-having-value-how-does-this-relate-to-community-and-society-what-would-hume-claim-about-the-moneys-value/.

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