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Your type of reasoning is the exact problem that we have in politics. Single people think they know better than this genius swarm intelligence that is the mark
by timdaub 6y ago
Your type of reasoning is the exact problem that we have in politics.
Single people think they know better than this genius swarm intelligence that is the market. And then they make stupid rules for everyone.
It doesn't matter what is good or bad. Right or wrong. Only the outcome matters. And arguably given the content of the original post, the outcome right now with politics is bad.
- _Microft 6y agoMarkets don't just magically work better. Have a look at the harm that fossil fuels can do simply because the costs of these damages were not priced into the cost of fossil fuels.
- timdaub 6y agoUnexpected costs of fossil fuels that cause climate change is a historical failure of regulation (politics) and not markets. Markets are not magic. They're just a tool.
- _Microft 6y agoIn this case I do not understand what you are arguing for (or against). "Markets" themselves are the easy part. Regulating them properly is the really difficult part.