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<p>[QUOTE="EWC3, post: 4103068, member: 93416"]Really useful write up. Enjoyed the main link</p><p><br /></p><p>You are quite right to say</p><p><br /></p><p>"As modern economics would tell us, (Diocletian's edits) didn't work"</p><p><br /></p><p>Surely absolutely every economist who ever writes on this subject tells us that</p><p><br /></p><p>Its not true though, in the general case. </p><p><br /></p><p>Ala-ud-Din Muhammed Khalji issued similar price edits and they were apparently rigidly observed. Not the only thing modern economics gets wrong. (As the recently cited Robert Mundell shows, I judge)</p><p><br /></p><p>Rob T[/QUOTE]</p><p><br /></p>
[QUOTE="EWC3, post: 4103068, member: 93416"]Really useful write up. Enjoyed the main link You are quite right to say "As modern economics would tell us, (Diocletian's edits) didn't work" Surely absolutely every economist who ever writes on this subject tells us that Its not true though, in the general case. Ala-ud-Din Muhammed Khalji issued similar price edits and they were apparently rigidly observed. Not the only thing modern economics gets wrong. (As the recently cited Robert Mundell shows, I judge) Rob T[/QUOTE]
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