"Free markets ensure resources are put to the best use for society, that is to say resources are allocated efficiently."
This common #economics refrain is bullshit.
Take the life sustaining climate with its infinite value - seriously, consider how many trillions we are spending to try to get a handful of people to live on Mars, then realize how dependent they would still be on Earth - that markets value at next to nothing.
This is sufficient to know #neoliberalism is dead wrong.
#TeachEcon
Kyle Montanio /
npub165…ltdlq
2024-07-06 14:13:57
Author Public Key
npub165ct04kdzaq7wtqsqthqawk5cygyamgfusv0m4mr2tusqhm4v88q9ltdlqPublished at
2024-07-06 14:13:57Event JSON
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