2 ms·
The problem is that market performance is never pure, and even when it is, the performance can be so volatile that side-effects permanently harm communities and
by Goladus 15y ago
The problem is that market performance is never pure, and even when it is, the performance can be so volatile that side-effects permanently harm communities and subsequently offset the market performance.
And of course performance isn't everything. The 1-person committee in charge of driving a tractor trailer, for example, will deliberately choose sub-optimal performance when driving down a steep grade, because optimal short-term performance would result in a crash and complete long-term failure.