Has anyone ever tried to measure the speed of the free market, compare it to the speed of other solution mechanisms like central planning?
Conversation
Replying to
the speed of market response to announcements of new information is well studied. Want some references.
1
Replying to
1
1
Replying to
thanks that's useful. I'm interested in speed compared to organizations, but this is a piece of that
Replying to
One of my b-school prof's said that large US corporations contained the last bastions of the Soviet style planned economy
1
Replying to
heh, yeah' I've heard that observation several times. James Scott develops it in Seeing Like a State cf Taylorism
1
1
Show replies

