Thomas Sowell : Magic Numbers in Politics - Townhall.com:
Back in the days of the Soviet Union, two Russian economists who had never lived in a country with a free market economy understood something about market economies that many others who have lived in such economies all their lives have never understood. Nikolai Shmelev and Vladimir Popov said: 'Everything is interconnected in the world of prices, so that the smallest change in one element is passed along the chain to millions of others.'"
Wednesday, October 14, 2009
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