Michael Polanyi - But the system of prices ruling the market not only...

But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.

Michael Polanyi

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Michael Polanyi Quotes

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But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.

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system prices ruling market transmits information light economic agents mutually adjust actions incentive exercise economy terms money

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