- Cafe Hayek - http://cafehayek.com -
Quotation of the Day…
Posted By Don Boudreaux On May 11, 2014 @ 4:34 pm In Competition,Complexity & Emergence,Inequality,Seen and Unseen | Comments Disabled
The market process is thus seen to be a leveling process. In a market economy a process of redistribution of wealth is taking place all the time before which those outwardly similar processes which modern politicians are in the habit of instituting, pale into comparative insignificance….
Article printed from Cafe Hayek: http://cafehayek.com
URL to article: http://cafehayek.com/2014/05/quotation-of-the-day-987.html
URLs in this post:
 1977 reprint: http://www.amazon.com/Capital-Expectations-Market-Process-Economic/dp/0836206789/ref=sr_1_fkmr0_1?s=books&ie=UTF8&qid=1318766123&sr=1-1-fkmr0
 The Market Economy and the Distribution of Wealth: http://oll.libertyfund.org/?option=com_staticxt&staticfile=show.php%3Ftitle=97&chapter=3326&layout=html&Itemid=27
 Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2014%2F05%2Fquotation-of-the-day-987.html&Title=Quotation%20of%20the%20Day...
 Tweet: https://twitter.com/share
Copyright © 2011 CafeHayek.com. All rights reserved.