LinkedIn Speaker Series with Fred Kofman - August 8, 2013
LinkedIn Speaker Series
00:00
What Is the Solution in Economics?
We can take question from remote locations and questions from the room or comment. So please, but please approach the mike so everybody can hear you. Ahso my question was about something you tell jon i learin the talk out a, the question of centralized vasis de centralized decision making? A, i felt like in their talk i didn't get ta closur on that question. No, no. That's the whole point, that there is no solution. If if you when he the economists were talking about this, the solution is that the best mechanism is the market. It's dicentralized decision making, but with ownership of the subsistem. The profit motive
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