For the Intelligent Noneconomist

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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 . . .

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