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A comment on Well-behaved bubbles often make history. Parent comment

Re:Well-behaved bubbles often make history by nytgop77 on Wednesday June 16, 2021 @03:12AM (#27525755)
free market does not maximize anything. it just is. fairness is not in the equation. free market (or something similar) is just good enough way to organize economy with good enough outcomes.
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Re:Well-behaved bubbles often make history by nicoburns on Wednesday June 16, 2021 @07:50AM (#27527449)
> free market does not maximize anything.

That's a little too strong. It doesn't maximise efficiency of outcomes. But it does (more or less) maximise profit under free-market rules.

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