Quotes Donut - I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

I recognized that information was, in many respects, like a public good, and it ... - Joseph Stiglitz - Quotes Donut

Written By Joseph Stiglitz

I recognized that information was, in many respects, like a public good, and it was this insight that made it clear to me that it was unlikely that the private market would provide efficient resource allocations whenever information was endogenous.

9 Reads • February 14, 2021