These are the most exciting, dangerous, complex, strange times in history. This blog is my attempt to navigate through it.
Friday, April 10, 2020
What's wrong with America, in two photos:
But remember, kids: FrEe MaRkEt CaPiTaLiSm Is ThE mOsT eFfIcIeNt MeAnS oF aLlOcAtInG ReSoUrCeS.
This reminds me of a spot I used to bike across years ago, where a homeless encampment was set up under a bridge, right next to a warehouse that sold mattresses, bedding and bed frames. So every night, the homeless people would sleep on slats of cardboard atop concrete while the inventory of mattresses remained sealed and stored behind locked doors.
I thought, "this really cannot be the best method humans can come up with for the allocation of resources."
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