Category Archives: Prices & Production

Great Hayek Quote on Expanding Money and Changing Networks of Relative Prices & Structures of Production

“It seems obvious as soon as one once begins to think about it that almost any change in the amount of money, whether it does influence the price level or not, must always influence relative prices. And, as there can … Continue reading

Posted in Prices & Production | 3 Comments


Taking place now at the Economic Thought web site.

Posted in Prices & Production | 1 Comment