3 ms·
It can work that way if: 1. there's enough market competition. monopoly power and rent seeking is low. 2. the stimulus is slowly introduced to give time for t
by sharemywin 5y ago
It can work that way if:
1. there's enough market competition. monopoly power and rent seeking is low.
2. the stimulus is slowly introduced to give time for the market to react.
3. the mostly state regulations but also federal regulations are small enough to all new business to form. and those small businesses have access to capital.
4. all of the above are reasoned and tweaked by rational adults with a background in statistics, science and engineering instead of idiots with slogans.
Obviously that's a fantasy land. so here we are.