Words Poorly Used #97 — Market Failure
Markets do not fail. Does gravity fail? Interventions fail. If you see what looks like a market failure, it is, in fact, the failure of a previously attempted market intervention.
— Kilgore Forelle
Markets do not fail. Does gravity fail? Interventions fail. If you see what looks like a market failure, it is, in fact, the failure of a previously attempted market intervention.
— Kilgore Forelle