> then it implies that there is nothing special about markets
How so? It implies simply that markets are not efficient. It does not imply that state control would be more efficient and it does not imply that markets are not the most efficient way of determining the value of a resource.
What it definitely says however, is that a government committee could not, in any way, successfully determine the value of all goods and fix prices based on that determination.
How so? It implies simply that markets are not efficient. It does not imply that state control would be more efficient and it does not imply that markets are not the most efficient way of determining the value of a resource.
What it definitely says however, is that a government committee could not, in any way, successfully determine the value of all goods and fix prices based on that determination.