Comment by LargeWu
1 day ago
I like to say the market is undefeated thoughout history.
You can add regulations or limitations that incentivize the market one way or another to achieve social goals, but these distortions add up. And when there are too many distortions in the market, it stops acting how you want it to act, and starts acting how it will. And usually, that means negative unintended consequences.
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