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The Moral Imperative of the Market
If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe that we can control prices, writes Friedrich A. Hayek (1899–1992).
This audio Mises Daily is narrated by Nathaniel Foote.
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If it is true that prices are signals which enable us to adapt our activities to unknown events and demands, it is evidently nonsense to believe that we can control prices, writes Friedrich A. Hayek (1899–1992).
This audio Mises Daily is narrated by Nathaniel Foote.
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