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Markets are subjective, not objective. Measures of objective goodness have absolutely no place in market phenomena. If you want more objective markets, you wil
by microcolonel 9y ago
Markets are subjective, not objective. Measures of objective goodness have absolutely no place in market phenomena.
If you want more objective markets, you will have to influence the actors through a side channel (and you have to be actually right, not just think you're right!).