Thomas Sowell Quote

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.


Knowledge And Decisions (ed. Basic Books, 1996) - ISBN: 9780786723638


Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast...

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast...

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast...

Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast...