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Paperback Literature & the Economics of Liberty (Large Print Edition): Spontaneous Order in Culture [Large Print] Book

ISBN: 1479353426

ISBN13: 9781479353422

Literature & the Economics of Liberty (Large Print Edition): Spontaneous Order in Culture [Large Print]

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LARGE PRINT EDITION More at LargePrintLiberty.com

At the heart of Austrian economics is the concept of "spontaneous order." What appears to be chaotic in the social interaction of vast numbers of individuals in the marketplace in fact reflects a deeper order, what Adam Smith calls "the invisible hand." The free market produces more rational results than any form of central planning because markets use self-correcting mechanisms to adapt to...

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