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Old 09-13-2005, 08:58 AM
tylerdurden tylerdurden is offline
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Join Date: Jan 2004
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Default Re: A simple economics question:

[ QUOTE ]
Seems to me like you are conflating social goods with market efficiency. The market responds to what is most in demand, not what brings the most benefit.

[/ QUOTE ]

It's the same thing. The reason you don't see it as the same thing is that each individual gets to determine what is to his own benefit, regardless of how many bureaucrats try to tell him what's good for him.

The demand of each consumer is determined by his own definition of satisfaction.
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