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Universal Economics
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About the Author

Armen A Alchian is Professor Emeritus of Economics at UCLA.

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No one has ever done price theory better than Alchianthat is, no one has ever excelled Alchians ability to explain the reason, role, and nuances of prices, of competition, and of property rights. And only a precious fewI can count them on my fingershave a claim for being considered to have done price theory as well as he did it. -Donald Boudreaux, George Mason University

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