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[PEN-L:8743] Re: RE: RE: Thomas Friedman an economist?



>
>Lange's praise of Hayek has been misstated here.  The point of
>his exercise is not simulate a "free market," but a market where
>all 'externalities' are correctly priced, and where the distribution
>of income is "fair."  This is hard to do.
>
>mbs


And the really existing market does not do it...


Brad DeLong



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