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Podcast: PRay TeLL, Dr. Hash
Episode: 10 Market Forces v Command Economy
Description: Most nations use markets: I make shoes & trade them to you for corn because that's what I want, and you want shoes. Markets work well with liberty because it's you deciding what to exchange for, from who & rather it's worth making the exchange at all. Markets depend on an adversarial relationship, each side trying to maximize their leverage for the maximum personal gain, which turns out to be a net increase for both sides or the exchange would not occur.Market economies are very efficient: goods & services go to wherever there's the best return, and additional goods...