this post was submitted on 04 Jan 2024
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submitted 11 months ago by [email protected] to c/[email protected]
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[–] nbafantest 1 points 10 months ago (1 children)

Not really. Markets are great at rewarding clever improvements. Other systems are not great at that.

[–] [email protected] 1 points 10 months ago (2 children)

Can you quantify that statement in any way?

[–] [email protected] 1 points 10 months ago

Spoiler: he can't

[–] nbafantest 1 points 10 months ago

"they align people’s incentives in ways that communicate where resources can be be used most efficiently, and give people reasons to come up with new ways of using existing resources."