Source: https://bsky.app/profile/mugrimm.bsky.social/post/3lmsej4cxqk2n
Tag: Matthew Yglesias
In my comment what I mean by the word "apply" is that resources are allocated effectively, which they are not without heavy regulation, and at that point it is no longer the free market that is allocating the resources.
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In my comment what I mean by the word "apply" is that resources are allocated effectively, which they are not without heavy regulation, and at that point it is no longer the free market that is allocating the resources.