"He's a snake in the grass, I tell ya guys; he may look dumb but that's just a disguise; he's a mastermind in the ways of espionage." Charlie Daniels, "Uneasy Rider" mises, Malthus - TT`s Lost in Tokyo

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Too Many or Too Few People? Does the market provide an answer? by TokyoTom

Dan McLaughlin asks the first of these interesting questions on the Mises blog, http://mises.org/story/2718 . The second question is mine, and I addressed it briefly in the blog responses to Dan. I take the liberty of posting that response here, revised...