Wednesday, October 27, 2010

Meaning of Economics

Alternet today featured an interview with Mark Boyle, a former economist who just published a book about his year living without money and who plans to use his royalties to start a money free community.

"I think it's wrong to think of economics as money," Boyle said. "The actual word itself actually revolves around meeting one's needs. Money is one way of meeting our needs, but it's only one way. I think I couldn't do what I do today without studying economics, because you need to understand the system first—how it currently works—in order to change it."