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I recommend reading Basic Economics from Thomas Sowell for more examples of how fixing prices and a centralized allocation of prices and resources is terribly i
by giorgioz 5y ago
I recommend reading Basic Economics from Thomas Sowell for more examples of how fixing prices and a centralized allocation of prices and resources is terribly inneficient and it backfires terribly bring misery to entire countries:
https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730 https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465...
Thank you to user on Hacker News that suggested this book in a comment a few years ago. It was eye opening and one of the most important books I've ever read.