> Misallocation is a massive problem. A little girl and her grandfather, an economist, are walking down the street. Suddenly, the little girl tugs on her grand

> Misallocation is a massive problem. A little girl and her grandfather, an economist, are walking down the street. Suddenly, the little girl tugs on her grandfather's tweed blazer and says, "Look, Grandpa! There's a $20 bill on the sidewalk! Somebody must have dropped it!" "Nonsense!," said the grandfather. "If that were a real $20 bill, someone would have already picked it up!"