From Mises Wiki, the global repository of classical-liberal thought
Concatenation: the state or condition of the correlated action of mutually interdependent processes. It is a situation where a number of distinct processes mesh or link together with a resulting cumulative effect in a well coordinated movement. A good example of concatenation is the market process wherein the independent value judgments of all potential participants are simultaneously correlated or meshed together to produce market prices which allocate available supplies of economic goods and services.
- ↑ Percy L. Greaves, Jr. "Mises Made Easier ", 1974. Referenced 2014-06-30.