Those who are
removed from the market and who are out of touch with how production needs to
change to meet the demand cannot contribute anything. These are the empirical
economists! They assume away the essential characteristics of how demand really
operates in the market – that it is intimately tied to subjective valuation.
That erroneous fantasy is the starting point of their arbitrary and destructive
economic intervention.
Twitter @DivineEconomy
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http://bruce-koerber.squarespace.com
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