2 ms·
i'd say the free market is more efficient than a command economy. Even if it's not perfectly efficient, it's quite close.
by chii 4y ago
i'd say the free market is more efficient than a command economy. Even if it's not perfectly efficient, it's quite close.
- sudosysgen 4y agoWell, in some cases. There are actually industries where command models outperform market models and industries where they are competitive. A mix of market and command is necessary. But this whole thing isn't really relevant because both markets and command systems have very wide variety in implementation.