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Faith in Freedom Markets™, in this case employer / employee relations, are rooted in a few easily dismissed misconceptions: - markets are efficient - people a
by specialist 6y ago
Faith in Freedom Markets™, in this case employer / employee relations, are rooted in a few easily dismissed misconceptions:
- markets are efficient
- people are rational
- everyone has perfect information
- there are no power imbalances
Aside: Do you play poker? I've started to wonder if Freedom Markets™ advocates are familiar with that kind of meta thinking.