• nbafantest@lemmy.world
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    10 months ago

    We think that markets are by far the best way of organising most human affairs that involve scarce resources, because they align people’s incentives in ways that communicate where resources can be be used most efficiently, and give people reasons to come up with new ways of using existing resources.

    A system is justified if it is the one that best allows people to live the lives that they want to live, or makes them happiest or more satisfied than any other.