“How does order emerge from freedom of choice? It’s a scientific mystery, and prices are the most important clue to its solution.”
— Tyler Cowen and Alex Tabarrok.
“How does order emerge from freedom of choice? It’s a scientific mystery, and prices are the most important clue to its solution.”
— Tyler Cowen and Alex Tabarrok.
Only if the freedom of choice is within a free market. Otherwise, misaligned incentives F the whole thing up.
Me to the world: "It's not you, its fiat"