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That's not a false economy, that's the only economy that started since it's inception. Information asymmetry and game theory talks a lot about it
by amiune 7y ago
That's not a false economy, that's the only economy that started since it's inception. Information asymmetry and game theory talks a lot about it
- 101404 7y agoYep. That's a 100 years of Edward Bernays. https://en.wikipedia.org/wiki/Edward_Bernays https://en.wikipedia.org/wiki/Edward_Bernays That's the guy who started it all.
- three_seagrass 7y agoYeah, the entire ads industry exists because of information asymmetry, but what is new is how bad actors are using technology in these imperfect markets to abuse it.