Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated.

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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated. - Thomas Sowell

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Related Authors
Karl Marx | B. R. Ambedkar | Amartya Sen | Ludwig von Mises | Daniel Webster | Alice Munro |

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Prices are important not because money is considered paramount but because prices are a fast and effective conveyor of information through a vast society in which fragmented knowledge must be coordinated. - Jay Versace quotes