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2023-12-24 09:32:04

Emeritus Prof Christopher May on Nostr: Yesterday Tim Harford included this idea in a column of you 'crazy' #economics ...

Yesterday Tim Harford included this idea in a column of you 'crazy' #economics questions, answered.

But the more I think of it, the more I think there is something here; I understand his economic analysis of the shortcomings, but I think regulatory #capitalism could shape markets to make this work better than he believes.

My #NewYear wish is that I'd really like to see IPPR or another #thinktank have a go at modelling the regulatory environment that could make this work....

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