“No complaint … is more common than that of a scarcity of money.”– Adam Smith
Dr. Madsen Pirie continues his series and explains the theory of price. I do love his bell and his comment, “Wrong question”. I have to learn to use this when explaining concepts.
So, how do prices relay information? Let us watch and find out.
To continue the series, follow the link https://hessenflow.wordpress.com/2012/03/15/economics-is-fun-specialization/