Prices Communicate Dispersed Knowledge | Foundational Concepts in Economics with Howard Baetjer
Channel: Libertarianism.org
Date: 2017-07-07

Prices, explains Baetjer, are a powerful tool for getting people the knowledge they need to cooperate with one another in the market.

Download the .mp3 of this lecture: http://bit.ly/2qkESZR
Here is the next lecture in this Guide: https://youtu.be/Va2bWxsIEB4

Download a free digital copy of "Economics and Free Markets: An Introduction" here: https://www.libertarianism.org/books/economics-free-markets-introduction