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"How should prices be determined?" To this question we could make a short and simple answer: prices should be determined by the market. The answer is correct enough, but some elaboration is necessary to answer the practical problem concerning the wisdom

William H. Hutt's outstanding accomplishment is his pathbreaking reconstruction of the macroeconomic analysis of price and resource allocation, the long-established core of neoclassical economics. He demonstrates its indisputable and abiding relevance to the macroeconomic problems of inflation, unemployment, and depression.

No Free Lunch: Six Economic Lies You’ve Been Taught and Probably Believeby Caleb S. FullerFreiling Publishing, 2021. 110 pp. Caleb Fuller, an economist who teaches at Grove City College, thinks that many people have a mistaken conception of economics. It is,