All Posts Tagged With: "Home Depot"
Economic Calculation in the Corporate Commonwealth
The general lines of Ludwig von Mises’s rational-calculation argument are well known. A market in factors of production is necessary for pricing production inputs so that a planner may allocate them rationally. The problem has nothing to do either with the volume of data or with agency problems. The question, rather, as Peter Klein put [...]
1Jun2007 | Kevin A. Carson | 20 comments | ContinuedHurricane Katrina: Government versus the Private Sector
If the “American government would have responded like Wal-Mart has responded, we wouldn’t be in this crisis.” Louisiana’s Jefferson Parish President Aaron Broussard, paraphrasing Sheriff Harry Lee during an interview on “Meet the Press,” got to the root of all that went wrong in the buildup to and aftermath of Hurricane Katrina last August. “It’s [...]
1Oct2005 | Sheldon Richman | 0 comments | Continued-
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