You know capitalism and free markets are in trouble when people admit that it’s preferable to have computers run algorithms to reproduce informed and rational decision-making, as opposed to actual human beings. By this, one basically admits that human are no longer up to the task of living up the foundation of a working free-market, i.e. the foundation argued by A. Smith that free markets can only work when informed consumers make rational choices. Quite some stuff to think about, if you ask me.
Real Life. Real News. Real Voices
Help us tell more of the stories that matterBecome a founding member
Subscribe to the newsletter news
We hate SPAM and promise to keep your email address safe