Mises Wire
Author:
Henry Hazlitt
Online Publish Date:
be parasitic on knowledge of prices and costs as determined by capitalistic free markets) the world would in the long run not only stop progressing but actually go come down to the present moment. In 1963 Russia again suffered a disastrous crop failure. And in 1965, this agrarian nation, one of whose chief economic problems in we get reports of massive decentralization programs, of flirtations with market mechanisms, or more flexible pricing based on “actual costs of production” or