Chapter one entitled “The Value of Money” uses the example form Daniel Defole novel “Robinson Crusoe” to explain the value of the items left on the ship before it sank. Crusoe imputed value to each of the tools he had. He then found out the future value of each tool and what he expected the future output of each tool to be.In the Robinson Crusoe example he does not look on the past in order to evaluate the value. It needs to be recognizable so when you try to use your money the other person knows the value. It needs to be scarcity so it has value.