After world war too, when the allies controlled germany, they kept hitler's price controls. Prices hadn't been allowed to go up much at all since the late thirties. Ludvig erhard managed to d regulate prices in the summer of 19 forty eight and we got what was called the german economic miracle. And i did my own piece on this in the encyclopaedia of the concise en encyclopedia of economics titled the germaneconomic miracle. So that's that one thing. My other thing is, i lived in d c, from washington, dc, from december 81 to july 80, fourth and i remember i worked at the
Economist and author David Henderson talks about his book (co-authored with Steve Globerman) The Essential UCLA School of Economics with EconTalk host Russ Roberts. Much of the conversation focuses on the work of Armen Alchian and Harold Demsetz, who both saw economics as a powerful tool for understanding human behavior and how the world works.