Debating in bad faith
You:
Stranger: Price signals are generally an effective way to convey economic information and ensure economic efficiency
Stranger: Why are price signals not good?
You: because you demonstrate that prices do convey accurate economic information we can call efficient.... I mean reason I pointed to crypto is because that is an example of why you are wrong. the price along made lots of people lost lots of billions just because they looked only at the price.
Stranger: Do you know what a price signal is?
Stranger: So you like free markets but don't believe that an indexing of signaling between consumers and producers - a price signal - conveys valid information
Stranger: So you're not really a capitalist?
Stranger: So how do you allocate information in an economy then? What's an ideal methodology?
You: well conveys valid information but your statements says that the price alone ensures economic efficiency.
You:
Poll
Poll: Should public colleges and universities be tuition free?
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Should higher education be tuition free?
Generations after generations have been chasing the same American dream for hundreds of years. The notion of having a big house, a nice yard, couple of cars and good paying job seem to be a fairly tale these days. Colleges and Universities have made it impossible to pay for higher education with savings or out of our pocket money. These days stu..... Read full article