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	<title>joeandrieu.com &#187; demand</title>
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	<description>My personal space</description>
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		<title>Pricing, Markets, and Demand, VRM style</title>
		<description><![CDATA[Economists often talk of markets as price discovery mechanisms, and the freer the market, the more efficiently those prices can be discovered. In fact, in the absence of all transaction costs, free markets assure the efficient allocation of resources, regardless of initial distribution—that’s the core tenet of Law &#38; Economics as proven by Coase ’60. [...]]]></description>
		<link>http://blog.joeandrieu.com/2008/03/07/pricing-markets-and-demand-vrm-style/</link>
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