Everything Has its Price (And That's A Good Thing) | Learn Liberty - vTomb

Everything Has its Price (And That's A Good Thing) | Learn Liberty

Home
Donate
All
People & Blogs
Entertainment
Music
Gaming
Education
Howto & Style
News & Politics
Science & Technology
Film & Animation
Sports
Comedy
Autos & Vehicles
Nonprofits & Activism
Travel & Events
Pets & Animals

Make sure to watch our latest video: "What are the basic concepts of Criminal Law?"
https://www.youtube.com/watch?v=QWJQXsQn4cs --~--
Prices ensure your demands are supplied- even in times of scarcity. But who decides prices? Learn More: Learn more: http://bit.ly/1HVAtKP

Manufacturers and stores play a role, of course. As Professor Don Boudreaux explains, though, the biggest decider in determining prices is you, the consumer. Prices reflect the value consumers think the products are worth. Whether it’s the price of a bottle of ketchup or a Hermes Birkin purse, the price-tag is the end result of a “global chain of cooperation.”

The economist Friedrich Hayek first discovered and articulated the importance of prices. You can learn more about him and his work at www.essentialhayek.org.

SUBSCRIBE:
http://bit.ly/1HVAtKP

FOLLOW US:
- Website: https://www.learnliberty.org/
- Facebook: https://www.facebook.com/LearnLiberty
- Twitter: https://twitter.com/LearnLiberty
- Google +: http://bit.ly/1hi66Zz

LEARN MORE:
-The Essential Hayek (website): A project of The Fraser Institute, serving as a resource for the life and works of Freidrich Hayek. http://www.essentialhayek.org/
-The Fraser Institute (website): The Fraser Institute is an independent nonpartisan research and educational organization based in Canada which supports a free and prosperous world through choice, markets and responsibility. http://www.fraserinstitute.org/

LEARN LIBERTY
Your resource for exploring the ideas of a free society. We tackle big questions about what makes a society free or prosperous and how we can improve the world we live in. Watch more at http://bit.ly/1UleLbP

By using our services, you agree to our Privacy Policy.
Powered by Wildsbet.

© 2022 vTomb

By using our services, you agree to our Privacy Policy.
Got it