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Point of Order: markets are designed to make money, which is orthogonal to optimal resource allocation.
by forgetfreeman 2y ago
Point of Order: markets are designed to make money, which is orthogonal to optimal resource allocation.
- deleted 2y ago[deleted]
- Nasrudith 2y agoAnd what is money but a proxy for the sake of resource allocation?
- forgetfreeman 2y agoExplain Enron.