For when the Law of Price declares that a.... : Quote by Ludwig von Mises

“ For when the Law of Price declares that a good actually commands a particular price, and explains why it does so, it of course implies that the good is able to command this price, and explains why it is able to do so. The Law of Price comprehends the Law of Exchange-Value. ”

Ludwig von Mises
  • From : The Theory of Money and Credit
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