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Author Topic: Prices as Transmission/Communication of Information  (Read 543 times)
JDBound
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October 21, 2011, 07:08:44 PM
 #1

Can anyone point me to where the above proposition originated, or in the alternative point me to someone (an economist) who does a good job at articulating it.



Edit: Right now I'm attributing the original idea to Menger (1871), and using some von Mises http://mises.org/books/Theory_Money_Credit/Part1_Ch2.aspx also  Wink. If anyone else gives good insight into this concept please post here!
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