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by manquer 77 days ago
In the short term there are distortions and inefficiencies. It may feel like free market is done .

However in the long term, economics usually finds the most efficient way.

Maintaining inefficient structures like tariffs or monopolies becomes more and more expensive and eventually untenable and disruptions will occur.

1 comments

In the long term we are all dead. (Keynes)

Really feels like 1928