Market Theory and the Price System
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Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbo
Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbo
Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models b