Anne-Robert-Jacques Turgot, Baron de Laune quote: All merchandize has the two essential properties of money, to...

All merchandize has the two essential properties of money, to measure and to represent all value: and in this sense all merchandize is money.

Anne-Robert-Jacques Turgot, Barón de Laune

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"Reflections on the Formation and Distribution of Wealth". Book by Anne Robert Jacques Turgot (§ 39), 1766.

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