American Institute for Economic Research

Efficiency Means More than Using the Existing Stock of Resources Well By Donald J. Boudreaux


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“In an open market economy, the stock of resources will never be fixed. The size and contents of that stock will change over time and that change is appropriately reckoned to be a result of the economic system.” ~ Donald J. Boudreaux
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American Institute for Economic ResearchBy American Institute for Economic Research