Silly Question
(latest of 3732 answers to 721 questions he/she has posted):
“How does the Invisible Hand of the Market allocate
resources?
a)
Efficiently but not necessarily fairly
b)
Efficiently and fairly
c) Fairly
but not necessarily efficiently
d)
Neither efficiently nor fairly.”
Comment
The short
long answer is: none of the above – the "invisible-hand" metaphor does not allocate resources.
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