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I think it could be argued that for certain classes of good, efficient markets can be a net detriment to all involved. In the case of agriculture, the inefficie
by 0x44 16y ago
I think it could be argued that for certain classes of good, efficient markets can be a net detriment to all involved. In the case of agriculture, the inefficiency created by government interference and planning helps flatten fluctuations in staple production, meaning that fewer people move into non-potable cash crops and the market as a whole is better served because people don't starve.