For the Intelligent Noneconomist

possible uses of only one resource,nchanging tastes, preferences, and technologynwould all work to make our listnobsolete in short order.nHow, then, does an economy run? Itnruns---and runs efficiently---only to thenextent that a market system is used tonallocate resources. No government official,nregardless of position or power,ncould . . .