The Allocation of Resources (1978) examines the main problems associated with resource allocation, such as those arising from economies of scale, externalities, short- and long-run market adjustments, and government intervention in various sectors of the economy.

The Allocation of Resources (1978) examines the main problems associated with resource allocation, such as those arising from economies of scale, externalities, short- and long-run market adjustments, and government intervention in various sectors of the economy.