3 ms·
There is an economic theory that's escaping me right now, but the gist is that with certain goods, the market will hover at the very edge of efficiency; they ha
by craftinator 6y ago
There is an economic theory that's escaping me right now, but the gist is that with certain goods, the market will hover at the very edge of efficiency; they have to become just scarce enough to break a certain threshold, then the market will realize that they are in fact a scarce resource, then correct to achieve a high efficiency equilibrium.