It’s been a while since I read Man, Economy, and State, but it seemed to me that Rothbard (and therefore possibly von Mises) anticipated chaos theory. There was a description of economies chasing perfectly stable supply and demand, but never getting there because circumstances keep changing.
It’s been a while since I read Man, Economy, and State, but it seemed to me that Rothbard (and therefore possibly von Mises) anticipated chaos theory. There was a description of economies chasing perfectly stable supply and demand, but never getting there because circumstances keep changing.