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In summary: frictions (informational, capital, & regulatory) that distort the efficiency of free markets, which technology can help solve. In the context of th
by roymurdock 11y ago
In summary: frictions (informational, capital, & regulatory) that distort the efficiency of free markets, which technology can help solve.
In the context of the college discussion, it's largely informational and regulatory. How can you judge the value of a huge intangible such as a college education? How is the government structuring loans and the public school system to provide alternatives to the price of education on the free market?