Quarterly Journal of Austrian Economics
Author:
David Gordon
Online Publish Date:
Volume 3, No. 1 (Spring 2000) Amartya Sen’s wide-ranging book grasps a point ignored by many economists. Economists are generally alive to the virtues of markets, and few since the collapse of communism have a good word to say about central planning. Commonly, though, economists defend markets strictly on grounds of efficiency: the free