It’s all in the word “desired".

People disagree on what stuff to make. A market economy provides a feedback loop in which the most desired products get made because the makers of the most desired products get rewarded, and the makers of unwanted products are punished. What other system achieves that level of real-tim…
Ignorance may or may not be bliss, but it sure is liberating.
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Jim Mason
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May 31, 2021
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It’s all in the word “desired". By whom? And what about things that are desired but those who desire them can’t afford them?
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Written by Jim Mason2.4K Followers
·954 Following
I study language, cognition, and humans as social animals. You can support me by joining Medium at https://jmason37-80878.medium.com/membership
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