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Boing Boing - A Directory of Mostly Wonderful Things [Unofficia… @boingboing.net.web.brid.gy
Jun 4
The strange economics of setting your own cash on fire

In _The Armchair Economist_ , Steven Landsburg makes the case that burning your own money is a form of philanthropy. Destroy a banknote, he argues, and "all surviving money slightly increases in value," so everyone else gains wealth in proportion to what they already hold. — Read the rest

The post The strange economics of setting your own cash on fire appeared first on Boing Boing.

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boingboing.net PostartBill Drummond
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