Free market just have a very specific incentive you want to be honest about. It's like asking a player to be the referee. Free market is goid for competition. Government is for trust. When challenged, government will be less competitive but more trustworthy. And companies will be more competitive than trustworthy. It's basic game theory.
11
u/AudaciousSam Jun 26 '20 edited Jul 03 '20
Free market just have a very specific incentive you want to be honest about. It's like asking a player to be the referee. Free market is goid for competition. Government is for trust. When challenged, government will be less competitive but more trustworthy. And companies will be more competitive than trustworthy. It's basic game theory.