3 ms·
*can manage on its own well. The market manages - explicitly or through regulatory capture and toadies - a hell of a lot of things that the state probably shoul
by medium_spicy 3y ago
*can manage on its own well. The market manages - explicitly or through regulatory capture and toadies - a hell of a lot of things that the state probably should, like the Texas power grid. Markets are rarely efficient except in the very short term and very small scale.