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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problem with question is speed toward what? Planning presupposes goals but markets don't.
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. Let's just say speed to a market "outcome" that makes the planned solution/goal moot.
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hmm, I'd expect that which succeeds depends on so many factors, it's hard to design an exp. (or even well formulate the ?)
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