3 ms·
> this is one of the downsides to free markets. They hide information on the conditions of production This is such a meaningless mantra. The election process--
by justinmk 13y ago
> this is one of the downsides to free markets. They hide information on the conditions of production
This is such a meaningless mantra. The election process--which is supposed to "fix" the free market--also hides information, except there are many fewer opportunities for correction. A vote happens once every N years, whereas market corrections are (relatively) continuous.