That's an interesting perspective. While markets may not be perfectly efficient in the sense that they don't always reflect all available information instantly, they can still be effective in allocating resources and facilitating economic activity. Effectiveness in this context might refer to markets' ability to drive innovation, respond to consumer demand, and promote economic growth, even if they don't always operate with perfect efficiency.
That's an interesting perspective. While markets may not be perfectly efficient in the sense that they don't always reflect all available information instantly, they can still be effective in allocating resources and facilitating economic activity. Effectiveness in this context might refer to markets' ability to drive innovation, respond to consumer demand, and promote economic growth, even if they don't always operate with perfect efficiency.