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    related to: supply and demand

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    • Good, Cheap, and American-Made

      Good, Cheap, and American-Made

      The Dispatch· 3 days ago

      That’s because wages aren’t set on a cost-plus basis the way some people seem to imagine they are—like every other price in a free economy, wages are set...

    • This Week’s Mania: Reservations!

      Ludwig von Mises Institute· 2 days ago

      When something valuable is mispriced at say zero, speculators appear to grease the wheels of commerce while earning a little something for themselves. The real issue is, “There were just too ...