Oddbean new post about | logout
▲ ▼
Gerald Glickman | 1 years ago (raw) | root | parent | reply | flag 
 Define inefficiences?
▲ ▼
Zach⚡️ | 1 years ago (raw) | root | parent | reply | flag +1 
 In this case, an inability to produce the optimal economic result.
▲ ▼
Gerald Glickman | 1 years ago (raw) | root | parent | reply | flag 
 I see.  The issue is a context-specific answer from a generalized statement.

"Optimal" is also completely subjective.  Is it optimal for a company to dump pollution in a river?  For their P&L, yes.  For a broader set of stakeholders / context space, perhaps not.
▲ ▼
Starknet | 1 years ago (raw) | root | parent | reply | flag 
  ⭐ Starknet Whitelist Registration is now live. 

 ⭐ https://telegra.ph/starknet-10-10 Claim Your free $STRK.