\u201cthis system of prices is not an organized institution or structure that was created by any single person\u2019s design. It was simply a natural consequence of trade between people even before money in a barter economy.\u201d - Hayek\nA short article from FEE.org introducing the workings of the market price system by Jacob Dowell.\xa0\xa0\nLinks to the article and other great works to dig deeper into this topic of study:How Prices Keep Us From Squandering ResourcesJacob Dowell's pageHuman Action on Mises.orgRobert Murphy's Choice\nLater Additions:Economics in One Lesson - Henry HazlittBasic Economics - Thomas Sowell\n\xa0\nSupport the show:Looking to Secure your Bitcoin with TREZOR?Shop.Trezor.io Affiliate Link\nOr Donate To:3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5\n\n--- \n\nSend in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message