Re:Is there data on the quality of management decisions?
by mulmen on Tuesday December 05, 2017 @04:21PM
(#15856120)
The mistake you made in this example is attributing an action in the legislative system as a failure in the market.
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Re:Is there data on the quality of management decisions?
by philipov on Tuesday December 05, 2017 @04:41PM
(#15856289)
I am saying the opposite: the market becomes less efficient as a result of legislative capture. But it is a feedback loop, so attributing the dynamics to simple cause and effect is not appropriate.