When did you first figure out there was no such thing as market failure?

2015 for me

despite my libertarian inklings the no market failure thing feels like too much of a bookish dead end to me 

great theoretical exercise with no irl application 

although I’m going to dig into this reading list because I see some Tyler Cowen

Cope dealer 🙏 eng + product  @ axelar.network 🔲

Building interchain 




despite my libertarian inklings the no market failure thing feels like too much of a bookish dead end to me 

great theoretical exercise with no irl application 

although I’m going to dig into this reading list because I see some Tyler Cowen https://mises.web.ox.ac.uk/myths-market-failure

I’m being facetious by making ‘market’ a more abstract term for emergent network structures in human behaviour and nature. Not libertarian, just observing evolution

i.e. a state is also a market structure with certain inefficiencies, it’s a network configuration 

So you’re right it is a dead end.