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It's the old socialism versus capitalism debate. But yeah, the price signals are constantly messed up, even in mixed economies. I don't know that guy, but you can tell he knows what he's talking about.
I know I've read a few of his articles but I'm not sure what he's best known for.
It's the old socialism versus capitalism debate. But yeah, the price signals are constantly messed up, even in mixed economies. I don't know that guy, but you can tell he knows what he's talking about.