Markets should be considered a tool. Frequently a powerful and useful tool, but I don't think there has ever been a tool that's the right tool for every purpos

Markets should be considered a tool. Frequently a powerful and useful tool, but I don't think there has ever been a tool that's the right tool for every purpose. There are a lot of problems that markets just aren't a good tool for solving. If a problem calls for screws, put down the hammer.