Would-be planners are not interested in the interactions of thousands of voluntary decisions (i.e., market exchanges) that go into determining whether to charge 77¢ or $1 for shampoo. The planners demand and impose their view of order.
Source link: http://archive.mises.org/16931/the-pricing-politburo-slams-shampoo/
The Pricing Politburo Slams Shampoo
Next post: The Myth of Natural Monopoly