Skip to main content

Information: Interfering with Price Signals

  • Chapter
  • First Online:
Purposeful Engineering Economics
  • 1587 Accesses

Abstract

The subject of this section is primarily the transfer of information among economic actors. A closely related concern is distortion of the information caused by various interventions. We note that we are always trying to plan action into the future, while the future is always uncertain, or unknowable. Even prospective calculations are based on data from the immediate past.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Gilder G (2013) Knowledge and power. Regnery, Washington, DC

    Google Scholar 

  • Greaves P (1974) Mises made easier. Free Market Books, Dobbs Ferry

    Google Scholar 

  • Hayek F (1977) The use of knowledge in society. Institute for Humane Studies, Menlo Park

    Google Scholar 

  • Hayek F (2009) A tiger by the tail. Ludwig von Mises Institute, Auburn

    Google Scholar 

  • Hayek F (2011) The constitution of liberty. Chicago

    Google Scholar 

  • Hazlitt H (1996) Economics in one lesson. Laissez Faire Books, San Francisco

    Google Scholar 

  • Menger C (1994) Principles of economics. Libertarian Press, Grove City

    Google Scholar 

  • Mises L (1996) Human action, 4th edn. The Foundation for Economic Education, Irvington-on-Hudson (revised edn)

    Google Scholar 

  • O’Driscoll G, Rizzo M (1996) The economics of time and ignorance. Routledge, New York

    Google Scholar 

  • Read L (1992) I, Pencil. Imprimis 21(6):1–3

    Google Scholar 

  • Rothbard M (2004) Man, economy, state. Ludwig von Mises Institute, Auburn

    Google Scholar 

  • Sowell T (2000) Basic economics. Basic Books, New York

    Google Scholar 

  • Sowell T (2009) Applied economics. Basic Books, New York

    Google Scholar 

  • Williams W (2008) Liberty versus the tyranny of socialism. Hoover, Stanford

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Ronald A. Chadderton .

Rights and permissions

Reprints and permissions

Copyright information

© 2015 Springer International Publishing Switzerland

About this chapter

Cite this chapter

Chadderton, R.A. (2015). Information: Interfering with Price Signals. In: Purposeful Engineering Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-18848-5_7

Download citation

  • DOI: https://doi.org/10.1007/978-3-319-18848-5_7

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-18847-8

  • Online ISBN: 978-3-319-18848-5

  • eBook Packages: EngineeringEngineering (R0)

Publish with us

Policies and ethics