Rothbard considers how prices are determined by supply and demand on the free market. All long shortages are caused by government interventions. Forecasting is not possible. Economics is not an objective science.Part three of seven from Introduction to Economics: A Private Seminar with Murray N. Rothbard.
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Introduction to Economics: Part 7
Introduction to Economics: Part 6
Introduction to Economics: Part 5
Introduction to Economics: Part 4
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