RE: It's a Wonderful Loaf by Russ Roberts
@lukestokes - A wonderful presentation. I think we need not look far to find the secret of 'order'. It is all about 'balance'. Balance in market place is determined by supply, demand, pricing and quality. Balance in life is determined by the play of positive and negative actions as well as emotions. Balance in nature is also through the cycle of life and death , predators and prey... If one of the factors goes out of balance, the result acts in a manner to be self correcting. It is indeed - magical. We need to only look at Zimbabwe to see the effect of one person acting in an overbearing manner causing bread to disappear from shelves in the markets. A country that once used to be known as the wheat bowl of the world, is now in a sad state with empty shelves everywhere. That is what happens when someone tries to 'control', which usually means 'biased motives'.
Sorry for the rant but the lovely video touched a cord. Thanks for sharing. Upvoted.
Beautifully said! No need to apologize.