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I'm not sure it would be "the" solution, but it would certainly come a long way to make market-based economies live up to their theoretical promise. In a way,
by andrepd 4y ago
I'm not sure it would be "the" solution, but it would certainly come a long way to make market-based economies live up to their theoretical promise.
In a way, getting rid of all rent-seeking is probably the single most important economic measure that a "free-market" country can take.