Price Liberalization or Return to Quixotism?

The way to reduce production costs and the general level of consumer prices is to achieve single-digit inflation through price liberalization, deregulation, and financial and monetary discipline, Hossein Haqgou, an economic analyst said in an article published in the Persian daily Shargh. 
A translation of the text follows:
“The objective exchange value of goods is their objective significance in exchange, or, in other words, their capacity in given circumstances to procure a specific quantity of other goods as an equivalent in exchange ... It should be observed that even an objective exchange value is not really a property of the goods themselves, bestowed on them by nature, for at the last resort, it also is derived from the process of valuing individual goods,” Ludwig von Mises, the prominent Austrian economist of the 20th century, says...