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I think his point is that in an efficient market (invisible hand - an Adam Smith reference) incompetent companies should loose all of their customers to better
by Bill_Dimm 13y ago
I think his point is that in an efficient market (invisible hand - an Adam Smith reference) incompetent companies should loose all of their customers to better companies and die.
- skrebbel 13y agoThanks! I didn't know it was an Adam Smith reference. It makes sense now.