2 ms·
What free markets? I don't see many of those. I do see quite a few fairly well-balanced markets that can give good feedback, and I see a bunch of other markets
by ddingus 5y ago
What free markets?
I don't see many of those. I do see quite a few fairly well-balanced markets that can give good feedback, and I see a bunch of other markets that are subject to regulatory capture, which aren't giving very good feedback at all.
- poetically 5y agoNaval is a preacher of the market ideology.
- ddingus 5y agoMarkets have merit! I'm a fan. What I dislike is the idea of free markets being some special thing that will fix stuff and or perform magic. It's hard to even find a free market. Well balanced markets, operating under rules that make sure the markets perform well for those participating in them are wonderful! That's not really the advocacy here though.