3 ms·
I'm not entirely sure what you mean by that. Is it meant to be a logical truth, independent of empirical facts? To me, it's a contingent fact even though it of
by vba616 3y ago
I'm not entirely sure what you mean by that.
Is it meant to be a logical truth, independent of empirical facts? To me, it's a contingent fact even though it often is true. Nor do I see any reason to be certain that rationing which does cause some misallocation necessarily creates net harm.
Do you believe that markets can be evaluated based on some independent standard of appropriate allocation of goods and services?