Free Market
Author:
Nicolás Cachanosky
Online Publish Date:
The Free Market 32, no. 6 (June 2014) Argentina’s economic minister, Axel Kicillof, has become famous for his assertion that it is possible to centrally manage the economy now because we have spreadsheets such as Microsoft Excel. This assertion comes from the mistaken view that the cost of production determines final prices, and it reveals a