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Free markets tend towards the complex

Free markets tend towards the complex

Scott Adams: 

The free market favors complication over simplicity, because confusopolies are profitable. So the market isn’t likely to simplify anything on its own.

However, simplicity is also valuable, and people will pay a premium to companies that simplify the complex. 

March 2, 2012 by Jonathan Frei
Posted in BlogTagged economics, free marketLeave a Comment on Free markets tend towards the complex
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