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← The market's worst pathologies come from market exchange combined with gross inequality, not from markets as such.

17 connected korrents · 13 moments from 23 May 2006 to 21 Oct 2026.

Everything filed under economists economists Everything filed under libertarianism libertarianism Everything filed under market efficiency market efficiency Everything filed under capitalism capitalism Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: The market's worst pathologies come from market exchange combined with gross inequality, not from markets as such. The market's worst pathologies come frommarket exchange combined with grossinequality, not from markets as such. Last stated 14 years ago 30 May 2012 CS Cosma Rohilla Shalizi — holds since 2012-05-30 — tap for who they are Same subject: A market economy rewards putting land under campsites and horse liveries rather than under food, and that is the wrong thing to reward. — tap to centre the map on it A market economy rewards puttingland under campsites and horseliveries rather than under food, andthat is the wrong thing to reward. Last stated 3 years ago 9 Dec 2023 CS Chris Smaje — holds since 2023-12-09 — tap for who they are Same subject: A market can degrade into something nobody wants even when every participant acts reasonably and no one is evil or stupid. — tap to centre the map on it A market can degrade into somethingnobody wants even when everyparticipant acts reasonably and noone is evil or stupid. Last stated a year ago 30 Sept 2025 FC Frank Chimero — holds since 2025-09-30 — tap for who they are Same subject: Competition that removes differentiation makes everyone worse off, because it assumes people already know what they want. — tap to centre the map on it Competition that removesdifferentiation makes everyone worseoff, because it assumes peoplealready know what they want. Last stated 11 months ago 9 Dec 2025 RS Rory Sutherland — holds since 2025-12-09 — tap for who they are Same subject: The problem is not the free market but market rules rigged for large corporations and the rich. — tap to centre the map on it The problem is not the free marketbut market rules rigged for largecorporations and the rich. Last stated 4 weeks ago 3 Oct 2026 JB Julian Baggini — holds since 2026-10-03 — tap for who they are Same subject: Not every market system is inherently violent — tap to centre the map on it Not every market system isinherently violent NK Naomi Klein — holds since c. 2007 — tap for who they are Same subject: Fast trading is not inherently good: the primary markets are slow trades. — tap to centre the map on it Fast trading is not inherently good:the primary markets are slow trades. Last stated 2 weeks ago 21 Oct 2026 TS Tom Stoneham — holds since 2026-10-21 — tap for who they are Same subject: Buying in the cheapest market and selling in the dearest can never be a principle of national economy — tap to centre the map on it Buying in the cheapest market andselling in the dearest can never bea principle of national economy JR John Ruskin — holds since c. 1860–1862 — tap for who they are Same subject: A market becomes commodified through fungibility of alternatives, not merely through lower price. — tap to centre the map on it A market becomes commodified throughfungibility of alternatives, notmerely through lower price. Last stated 2 months ago 26 Aug 2026 RK Rohit Krishnan — holds since 2026-08-26 — tap for who they are Same subject: Among the leading candidates for greatest economist of all time, Adam Smith was analytically the weakest, save perhaps Malthus. — tap to centre the map on it Among the leading candidates forgreatest economist of all time, AdamSmith was analytically the weakest,save perhaps Malthus. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: An inability to see the viewpoints of people unlike oneself is a genuine weakness in a social scientist, not merely a separate moral failing. — tap to centre the map on it An inability to see the viewpointsof people unlike oneself is agenuine weakness in a socialscientist, not merely a separatemoral failing. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: Aspiring economists should take as many math and statistics courses as they can stomach — tap to centre the map on it Aspiring economists should take asmany math and statistics courses asthey can stomach Last stated 20 years ago 23 May 2006 GM Greg Mankiw — holds since 2006-05-23 — tap for who they are Same subject: A free person asks neither what the country can do for them nor what they can do for the country — tap to centre the map on it A free person asks neither what thecountry can do for them nor whatthey can do for the country MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: A policy of freedom for the individual is still the only truly progressive policy, as in the nineteenth century — tap to centre the map on it A policy of freedom for theindividual is still the only trulyprogressive policy, as in thenineteenth century FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: An alliance with abundance liberals is likely a more promising political strategy for libertarians than a revival of fusionism in the short to medium term. — tap to centre the map on it An alliance with abundance liberalsis likely a more promising politicalstrategy for libertarians than arevival of fusionism in the short tomedium term. Last stated 3 weeks ago 14 Oct 2026 IS Ilya Somin — holds since 2026-10-14 — tap for who they are Same subject: A company that deviates from open standards in its data exports without documenting the deviation creates an artificial vendor lock-in. — tap to centre the map on it A company that deviates from openstandards in its data exportswithout documenting the deviationcreates an artificial vendorlock-in. Last stated 2 years ago 3 Mar 2025 TS Tobias Sjösten — holds since 2025-03-03 — tap for who they are Same subject: A dominant company's lead in market share compounds over time and becomes harder for competitors to close, especially in technology. — tap to centre the map on it A dominant company's lead in marketshare compounds over time andbecomes harder for competitors toclose, especially in technology. Last stated a month ago 22 Sept 2026 BR Barry Ritholtz — holds since 2026-09-22 — tap for who they are Same subject: AI will force a correction in how companies pay for experience once AI-augmented junior employees match the output of far costlier mid-career employees. — tap to centre the map on it AI will force a correction in howcompanies pay for experience onceAI-augmented junior employees matchthe output of far costliermid-career employees. Last stated 3 months ago 15 Aug 2026 HR Harper Reed — holds since 2026-08-15 — tap for who they are
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At the centre The market's worst pathologies come from market exchange combined with gross inequality, not from markets as such. Last stated 30 May 2012 · 14 years ago Holds Cosma Rohilla Shalizi Read this korrent →