THIS BOOK IS A DEMONSTRATION BOTH OF THE ECONOMIC PLANNING AND ORDER THAT PREVAIL UNDER CAPITALISM AND OF THE CHAOS AND TYRANNY THAT PREVAIL UNDER SOCIALISM. Originally published in 1979, and later incorporated into the author's magnum opus, Capitalism: A Treatise on Economics as Chapters 6-8, this is a powerful and convincing book which explains the essential principles of free-market price theory along with leading applications of those principles...