market-based system
1 statements across 1 episodes · 0 bullish · 1 bearish · 1 people on the record · first statement Jun 17, 2020 by Albert Wenger · across every show →
Everything said about market-based system, oldest first
Jun 17, 2020 negative
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…”