The non sequitur of the dependence effect

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Reference no: EM131781062

Hayek, "The Non Sequitur of the Dependence Effect"

1. Why does Hayek think the dependence effect is irrelevant?

2. What desires does Hayek think are illegitimate?

3. Why does Hayek think that producers cannot deliberately determine what consumers want?

4. According to Hayek, if we judge that someone is misusing their money, what does that prove?

Reference no: EM131781062

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