Art Carden
Art Carden is assistant professor of economics, Brock School of Business, Samford University, Birmingham, Alabama.
Latest work
La ilusión de la prosperidad en tiempos de guerra tiene su origen en la forma de calcular el ingreso nacional y en la manera de elaborar las estadísticas.
Market prices turn incomprehensibly complex relationships into very simple ones. Government policy does the opposite. It turns the simple into the extraordinarily complex, and, as Ludwig von Mises has argued in various places, government intervention in one aspect of the economy will displace resources, change prices, and likely lead to calls for government intervention in other areas of the economy.