Catégorie
Hayek
1 articles
What the Price Doesn’t Say
Hayek (1945): price circulates knowledge that no one holds. But it says nothing about quality or path: nothing is missing from the price — what is missing is a price.
Catégorie
1 articles
Hayek (1945): price circulates knowledge that no one holds. But it says nothing about quality or path: nothing is missing from the price — what is missing is a price.