The Value of the Price System is Priceless

(Don Boudreaux) Tweet In my latest column for AIER I again sing praises that cannot be sung too often – namely, the praises of market prices . A slice: This system of prices and wages conveys reasonably reliable information to each individual about the consequences that will be experienced not only by her, but also by other people – most of them complete strangers – as a result of her choice of how to use her resources.

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