What I like about free markets philosophy is the truth will always be revealed eventually.
Discussion
What i like is the economic calculation. I'm the type of person that likes systems, schematics, cut away diagrams type of thing.
Free markets remove the question " Why is that store there ?" Or "Why is this person spending their time selling this doohickey?"
The beauty of pure market signal is the answer "Because they have a customer that wants it, and this is the best possible use of this persons time."
With fiat signal its an endless number of things , tradition, graft, make work programs, political propaganda, to explain why a building or business is here doing such and such.
Exactly this well said
Notice how the truth is appearing sooner and sooner these days?