4 ms·
this is why fair competition is so important in markets (not "free"). it's literally what makes markets efficient, not omnicient capitalists, as they'd love for
by clairity 4y ago
this is why fair competition is so important in markets (not "free"). it's literally what makes markets efficient, not omnicient capitalists, as they'd love for you to believe. the market works because mistakes become directly apparent in the catchall metric that is price (and its derivatives, revenue and profit).