tag:blogger.com,1999:blog-11906042.post5519144085912120204..comments2024-03-30T00:09:27.602+13:00Comments on Not PC: CUE CARD ECONOMICS: Price signalsPeter Cresswellhttp://www.blogger.com/profile/10699845031503699181noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11906042.post-74451710971275531902010-04-18T17:39:42.956+12:002010-04-18T17:39:42.956+12:00"The capitalist system of production is an ec..."The capitalist system of production is an economic democracy in which every penny gives a right to vote. The consumers are the sovereign people. The capitalists, the entrepreneurs, and the farmers are the peoples mandatories." <br />- Ludwig Von MisesLGMnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-45887276246918496822010-04-16T08:43:32.257+12:002010-04-16T08:43:32.257+12:00The roll of price in directing resource use should...The roll of price in directing resource use should be the starting point of any teaching purporting to be economics or environmental studies. <br /> This understanding of the roll of price is what those who justify regulation and planning with notions of sustainability and finite resources have not grasped. <br />I suspect this is an ignorance well entrenched in 'education'<br /> Price is a natural phenomena, that conveys knowledge, regulation is man interfering with nature.<br /><br /> KenAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-55057417753197718242010-04-16T08:19:33.718+12:002010-04-16T08:19:33.718+12:00PC
Great post. Should be compulsory reading!
Pri...PC<br />Great post. Should be compulsory reading!<br /><br />Price signals is a very important subject. Pity people don't seem to care much for learning of it. <br /><br />Price signals are the way that the requirements of individuals are signalled to other individuals. They are a result of the ultimate participatory democracy (not ever to be confused with the sham of representative democracy).<br /><br />Thanks for the post<br />LGMLGMnoreply@blogger.comtag:blogger.com,1999:blog-11906042.post-77569252210380375262010-04-15T22:46:06.594+12:002010-04-15T22:46:06.594+12:00Should be compulsory reading for all council emplo...Should be compulsory reading for all council employees and councillors. Look at the pickle their long term community plans have put communities in. They are a disaster!Sallyhttps://www.blogger.com/profile/11990445556533075814noreply@blogger.com