Re:Bill Gates: Capitalism means male baldness gets more fund...
by voxfrege on Thursday March 14, 2013 @12:04PM
(#5375801)
No, this is not a problem with market fundamentalism, whatever this is, but with properties ascribed to market fundamentalism.
Advocates of free markets tell you that the outcome is such and such if and when market participants can serve their interest as they see fit. They don't tell you that the outcome will be what you call "rational".
Advocates of free markets tell you that the outcome is such and such if and when market participants can serve their interest as they see fit. They don't tell you that the outcome will be what you call "rational".