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Markets in health care and information goods are always inefficient.
Drawn from what Cosma Rohilla Shalizi said
What Cosma Rohilla Shalizi actually said
- Cosma Rohilla Shalizi Statistician at Carnegie Mellon; writes on complex systems
Beyond the repulsiveness of the values it embodies, markets in areas like health care or information goods are always inefficient (over and above the usual impossibility of informationally-efficient prices).
Where this was said
↗In Soviet Union, Optimization Problem Solves Youbactra.org
All 6 korrents from this piecethis one is 4th
Added to korrents 31 Oct 2026 · How quotes work · Something wrong? Tell us
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