Hedraios on Nostr: I've come to associate the concept of price controls as a form of subtle moral evil, ...
I've come to associate the concept of price controls as a form of subtle moral evil, in that a ruler decrees a value for a good that does not accurately match the real value for that good.
So it has to distort the truth.
I think, in an indirect way, it is lying?
While I think all value is subjective (as a good has different utility for every individual), there is still a kind of market truth.
If money could not be manipulated, then the going price of a thing would accurately reflect its place in a society's hierarchy of value
So it has to distort the truth.
I think, in an indirect way, it is lying?
While I think all value is subjective (as a good has different utility for every individual), there is still a kind of market truth.
If money could not be manipulated, then the going price of a thing would accurately reflect its place in a society's hierarchy of value