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Megan McArdle: Markets, Monopolies & Innovation
"World of DaaS"
Markets Aren't Delivering Meaning, Right?
You have historically been a big defender of markets, which is going out of favor. Where is this skepticism of markets coming from? I think maybe one of the reasons that people are down on markets is that they expected too much from them. They expected markets to provide everything instead of a lot of stuff.
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