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Yes, the correct observation is that no economic system operates at optimum across every vector. > Just because you don’t see the value doesn’t mean there is
by Supermancho 3y ago
Yes, the correct observation is that no economic system operates at optimum across every vector.
> Just because you don’t see the value doesn’t mean there is none.
Sometimes it is absolutely true, which is most often seen in nepotism but also in categorically stupid people (re: Bonhoeffer).