Has anyone ever tried to measure the speed of the free market, compare it to the speed of other solution mechanisms like central planning?
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My assumption in any discussion is that setting robustness/completeness aside, markets are slower than alts at first, but faster later?
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..but I don't know of any empirical studies of actual speeds in reasonably comparable situations.
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just try to push your project through intracorporate committee vs just do a startup
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