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Viliam_Bur comments on [Link] Why don't people like markets? - Less Wrong Discussion

9 Post author: GLaDOS 20 June 2012 10:15AM

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Comment author: Viliam_Bur 21 June 2012 11:04:18AM 5 points [-]

Because people are better at signalling. Whenever something good happens, there is a person ready to take credit for that, deserved or not.

Markets are good at signalling about individual products or companies (advertising), but not about the concept of "market" per se.