Market Based System
topic on 1 show · 1 statements across 1 episodes
1 statements about Market Based System, every show
Market systems fail on vital issues that cannot have price mechanisms
“And the reason it's not true is because the market-based system for it to work, it needs prices. And the most important things that we could allocate attention to don't have prices, and more importantly, cannot have prices. There is no system that you could co…”