Those of us old enough to remember BBS servers or even rainbow banners often go down the nostalgia hole about how the internet was better “back in the day” than it is now as a handful o…
Through no intervention or design, the market creates perverse incentives that only benefit a few. So the solution is to fiddle with the incentives?
Ya ever notice that “market reform” schemes always seem like negotiations with an angry god? Sometimes I think that ancient civilizations would be much better understood if we stopped referring to the “priest class” and started calling them economists.
Through no intervention or design, the market creates perverse incentives that only benefit a few. So the solution is to fiddle with the incentives?
Ya ever notice that “market reform” schemes always seem like negotiations with an angry god? Sometimes I think that ancient civilizations would be much better understood if we stopped referring to the “priest class” and started calling them economists.