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Yeah. Believing that companies ought to disappear because of the invisible hand of the market is like believing that things ought to stay down because of the in
by cousin_it 13y ago
Yeah. Believing that companies ought to disappear because of the invisible hand of the market is like believing that things ought to stay down because of the invisible hand of gravity.
- coldtea 13y agoYes. So no airplanes, helicopters, air-baloons, spacecrafts, lifts or anything similar. And of course, one is a physical law, the other is a theoritical notion about how economies WOULD work in ideal conditions that don't correspond to any objective histrorical reality and that the feasibility of which has even been disputed in theory.