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Why would you believe that a "free" market is necessarily "proper" ? Markets are good at setting prices. I'm not sure they are good at providing incentives for
by jeremyjh 14y ago
Why would you believe that a "free" market is necessarily "proper" ? Markets are good at setting prices. I'm not sure they are good at providing incentives for expensive, high-tech research that can be undercut within six months due to the costs of reverse engineering (or espionage) being much less than costs of research.