thinking about how if you really believe in the invisible hand of the market, the immediate corollary is that anything you can purchase will generally be worth about what it costs and so more expensive stuff is intrinsically better. thinking about how this mindset could explain some otherwise totally baffling behavior that's observed in the wild
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in reply to @nex3's post:
TBH I'd wish the invisible hand of the market did what people said it did, rather than wrapping its fingers around my throat, poking me in the eyes and [REDACTED]
not having a great time with capitalism rn
Prices will adjust to reflect actual worth because all buyers are rational actors with access to perfect information and would refuse to overpay for an inferior product. Therefore, as a buyer, you don't need to do any research to find out if prices are accurate, they tautologically are!
