The Importance of Market Prices

In this clip from a recent interview with Bretigne Shaffer, I explain why, even if we assume no corruption and only benevolent intent, government bureaucrats do not know better than the free market with its pricing system how to allocate scarce resources toward productive ends. Listen to or watch the full interview here: https://www.jeremyrhammond.com/2024/08/07/why-americans-should-stop-voting/