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The Precariat: Difference between revisions
→A Market Failure in Plain Sight
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|usernameurl=https://x.com/EricRWeinstein | |usernameurl=https://x.com/EricRWeinstein | ||
|username=EricRWeinstein | |username=EricRWeinstein | ||
|content=You see scientists create what economists call a MARKET FAILURE in the form of a PUBLIC GOOD. That is the VALUE our scientists create isn’t captured in the PRICE they can command even in a free market. Then we broke our contract to take care of them by sharing downstream wealth. | |content=You see scientists create what economists call a '''MARKET FAILURE''' in the form of a '''PUBLIC GOOD'''. That is the '''VALUE''' our scientists create isn’t captured in the '''PRICE''' they can command even in a free market. Then we broke our contract to take care of them by sharing downstream wealth. | ||
|timestamp=6:20 AM · Feb 17, 2023 | |timestamp=6:20 AM · Feb 17, 2023 | ||
}} | }} | ||