2min chapter

The "What is Money?" Show cover image

Order Without Organizations with Aneesh Karve (WiM141)

The "What is Money?" Show

CHAPTER

The Irreducible Market Process

If we want to create wealth and increase the standard of living in the world, then we need to let the market run freely. And there's a good example of the socialist trying to reduce that process so we talked a little bit earlier about Oscar longer and market socialism. Economic calculation requires prices. Only the market can discover prices.

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