| ▲ | AaronAPU 2 hours ago | |
That seems to stretch the meaning of market inefficiency. Is the lack of unlimited free energy an inefficiency in a market? Because an entrepreneur who achieves that is going to do pretty well. I’d say that would be creating value not optimizing market efficiency. | ||
| ▲ | edot 2 hours ago | parent | next [-] | |
Yeah, and arbitrage. Arbitrage is exploiting the difference in prices of the same asset between two markets. Arbitrage is also risk-free or darn close to it. Entrepreneurship is anything but. Arbitrage is not "gee this product doesn't exist, I'll start a company and invent it and manufacture it and sell it" ... | ||
| ▲ | SoftTalker an hour ago | parent | prev [-] | |
How would creating unlimited free energy allow an entrepreneur to do pretty well? It it's free, there's no money to be made. | ||