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Re:Washington Post's Privacy Tip: Stop Using Chrome, Delete ... by mindslight on Sunday June 08, 2025 @12:03PM (#44217779)
No, it doesn't. You're assuming that markets have a computational efficiency and smoothness that simply isn't there. P != NP.

Markets are a heuristic based around mediating between the interests of different parties precisely because the problem is computationally hard. If markets could achieve the optimality you're thinking, then top-down central planning would also stand a chance of working.

Re:Washington Post's Privacy Tip: Stop Using Chrome, Delete ... by wat10000 on Monday June 09, 2025 @08:26AM (#44223768)
Even if markets were perfect, they’re not involved when a company decides to dump toxins into the air or water to save a buck.
Re:Washington Post's Privacy Tip: Stop Using Chrome, Delete ... by mindslight on Monday June 09, 2025 @01:54PM (#44227142)
Sure, but the usual counterargument is that the air and water need to be made legible to the market (through private ownership or the correct externality taxes), and then everything will be perfect. While in reality that's demanding a level of computation from markets that they simply do not possess.