Graydon on Nostr: Laws and regulations tend to falsify prices, on purpose. (Look into indigenous ...

Laws and regulations tend to falsify prices, on purpose. (Look into indigenous displacement; that land is free because it was declared free and the price backed with troops. Highway expropriations are a two-tier example; the route gets picked to benefit the people who knew where it would go.)

"run like a business" = "decisions will be made on the basis of the profit motive".

The profit measure ("do other people agree this was worthwhile?") is useful; the motive is not.