Mises Daily
Author:
Mises Institute
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sprawl of real-estate construction and the rotten, ubiquitous smog. While Chinese growth has been bolstered by other factors, both of these phenomena are results of of China for foreign investors in high-polluting markets. However, such a claim is economically indefensible. There is simply no such thing as “total utility,” and thus term to represent the comparison of expected serviceability that guides the economic actions of individuals, and is inherently unquantifiable. It is impossible