ABSTRACT
In certain circumstances there may be a failure to balance the various goods produced by various individuals. This may occur because of the freedom of the individual to engage in whatever economic activity he pleases, to produce as many goods as he sees fit, and to make what he regards as the most profitable bargain when he exchanges the goods that he has made. The individual does not know if too many or too few competitors have decided to produce the same goods as himself, and he cannot judge if the demand for his goods is rising or falling. The best way of restoring the balance between supply and demand which has been disturbed in this way, is to establish the greatest possible freedom of trade between all the countries in the world.
