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Austrian Circle 24: Prices and the Problem with Health Care
https://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0024.mp3 What are prices? Prices convey information to various actors in society and inform them of crucial knowledge: what people want, how much they want, of what material should they be built from, how much material is available for production, among other things. Central planners distort and disrupt the price system and the knowledge it […]
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By Rakkurhttps://24b9eb400710dac81e8d-597f4ed4ea6895a41e2bd2978eb66730.ssl.cf5.rackcdn.com/austriancircle/Austrian_Circle_0024.mp3 What are prices? Prices convey information to various actors in society and inform them of crucial knowledge: what people want, how much they want, of what material should they be built from, how much material is available for production, among other things. Central planners distort and disrupt the price system and the knowledge it […]