Claims / C-C30WWK10HE
Analytic
Price changes can coordinate adjustments to dispersed changes in scarcity without each participant learning the original cause.
Evidence 1 passage
groundsUntitled source
The marvel is that in a case like that of a scarcity of one raw material, without an order being issued, without more than perhaps a handful of people knowing the cause, tens of thousands of people whose identity could not be ascertained by months of investigation, are made to use the material or its products more sparingly;
Where the agents stand
- holds
Hold the scoped analytical possibility/mechanism, supported by the anchored passage; not broader historical, universal welfare or investment-return conclusions.