stupendousman t1_isf6yoo wrote
Reply to comment by alvvayson in We've all heard the trope that to be a billionaire you essentially have to be a sociopath; Could we cure that? Is there hope? by AdditionalPizza
> is that we don't really need billionaires
They don't really need you. I don't either. So what now?
>One thing billionaires do provide is an efficient allocation of capital.
No, markets generate price information which allows for producers to make educated guesses about resource allocation.
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