book of mormon culture Archives

Different Languages, Same Value

September 1st, 2008

“The record is now published in many languages”

This reminds me of an old Economics thought exercise. Imagine you and a small group of 30 people have been stranded on an island. People have needs to be taken care of and quickly learn if everyone tries to do everything, nothing gets done. So… people specialize. There are coconut pickers, and water gatherers and hut builders. Soon, we need to trade products and services so we quickly learn after bartering for a while that a currency is needed to exchange goods. Read the rest of this entry »