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@TheBarbahaba The German economy during World War II was a mess and was fueled primarily by government spending and the invasion of other countries (and the subsequent stripping of their assetts). In no way was Hitler's Germany a viable economy in the long run, it was simply an economy run on for...

RSN: Blackrainn

Number: 2751

@derapfelstrudel Independent actors in competition is EXACTLY how information on price and production is conveyed. There is no agreed upon "price," it is discovered through repeated exchanges within the marketplace. The whole idea is that there is imperfect information, and competition provides t...