Markets Fail to Solve the Complexity Problem [Narration]

Patterson in Pursuit

Markets Fail to Solve the Complexity Problem [Narration]

Failure as a feature, not a bug.

Original article here:

Markets Fail to Solve the Complexity Problem

·

January 17, 2023

Markets are extraordinary. Nearly all the textbook criticisms of them are bad quality and can be refuted without much effort. Laissez-faire is such a theoretical triumph that it’s mesmerizing—it can be difficult to see the bad amongst all the good.

Philosophy in the real world. Interviewing intellectuals across the globe. Grappling with the biggest ideas.

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