There’s also this weird assumption that the market is infinitely wide and infinitely deep and people have perfect information with which to price risk, so that absent regulation everyone ends up living in an apartment with exactly the chance of being burned to death that they wanted.
The “efficient market hypothesis” is bad, it begs the question.
Surely if it was bad it would have been replaced by a better hypothesis in the discourse, since this has not yet happened-
In which the Discourse Monk Argumate demonstrates the difference between truth and virality.