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On Feedback Mechanisms

Dear Friends, It seems to me, we lack sufficient feedback mechanisms for institutions. It is the feedback mechanism of prices that makes the market system so efficient. That is lost on our institutions. During the Wuhan flu lock downs, the … Continue reading

Posted in business, economy, Group Politics, International Power, Judicial Sysytem, Law, media, Mercy, philosophy, polictics of class envy | Tagged , , , , , | Leave a comment