"As Naval says, “any system that doesn't get its feedback from free markets or nature eventually gets corrupted because free markets and nature are both truth-seeking mechanisms ... And as such, they're going to give you accurate feedback.”"
Correct, free markets work by creating a vast decentralized problem-solving system.
"As Naval says, “any system that doesn't get its feedback from free markets or nature eventually gets corrupted because free markets and nature are both truth-seeking mechanisms ... And as such, they're going to give you accurate feedback.”"
Correct, free markets work by creating a vast decentralized problem-solving system.