Paul's comment points out that we have to distinguish between a production institution and an allocation institution. It is important to distinguish because large corporations do both, huge amounts of resources are allocated internally, without using a market. Rod -- Rod Hay [EMAIL PROTECTED] The History of Economic Thought Archive http://socserv2.mcmaster.ca/~econ/ugcm/3ll3/index.html Batoche Books http://home.golden.net/~rodhay 52 Eby Street South Kitchener, Ontario N2G 3L1 Canada
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