2 ms·
Preventing market participants from overtly bidding with money doesn't make the competition for access magically go away. Resources are going to be allocated, a
by Canada 11y ago
Preventing market participants from overtly bidding with money doesn't make the competition for access magically go away. Resources are going to be allocated, and it's sure not going to happen "randomly".
For services such as taxis or health care, the currency merely shifts to personal clout and time.
Money buys both of those things anyway.