markitect-main/examples/infospace-with-history/output/entities/natural-price-as-central-price.md

Natural Price as Central Price

Definition

The concept of natural price as the equilibrium or central point toward which market prices continually gravitate, though occasionally suspended above or forced below by various accidents or regulations.

Source Chapter

Book I, Chapter 7

Context

Explicitly described as "the central price, to which the prices of all commodities are continually gravitating."

Economic Domain

Exchange

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