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by ska
3362 days ago
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then we'd see a distortion free economy
That is either incredibly optimistic, or incredibly naive. Perhaps both. To the degree that Rand's thoughts can be made consistent in this area, they touch on many areas of economic complexity that nobody has a very good idea how to understand & model, let alone control. |
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But it's not incumbent on Rand to plan these areas. (Not sure if you're implying that it is.) Free market price signals do the majority of the heavy lifting, in resource allocation, broadly speaking.
To the GP, I would stipulate "state distortion free". ("State", as in "by force".)