3 ms·
No, this is not a problem with market fundamentalism, whatever this is, but with properties ascribed to market fundamentalism. Advocates of free markets tell y
by voxfrege 14y ago
No, this is not a problem with market fundamentalism, whatever this is, but with properties ascribed to market fundamentalism.
Advocates of free markets tell you that the outcome is such and such if and when market participants can serve their interest as they see fit. They don't tell you that the outcome will be what you call "rational".