This fascinating book says that our economy is doing poorly because we do not allow truthful prices. The Soviet Union fell because it would not allow prices to tell the truth about the economy and we seem to be on the same path. Why? Principally because of central bankers and crony capitalists, each of whom are described in depth. Crystal clear, easy-to- read, and absorbing, from a recognized expert.
Description:
This fascinating book says that our economy is doing poorly because we do not allow truthful prices. The Soviet Union fell because it would not allow prices to tell the truth about the economy and we seem to be on the same path. Why? Principally because of central bankers and crony capitalists, each of whom are described in depth. Crystal clear, easy-to- read, and absorbing, from a recognized expert.