Articles of Interest
Author:
Murray N. Rothbard
Online Publish Date:
[ From Economic Controversies , also known as The Logic of Action One. ] I am delighted that Dr. Rizzo, in chapter 4 [of Time Uncertainty, and Disequilibrium ], is calling the highly touted concept of “efficiency” into grave question. I would like to carry his critique still further. One of Rizzo’s major points is that the concept of efficiency