Timeline for Are billboards beneficial for the economy? Why?
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| Mar 12, 2015 at 2:37 | comment | added | supercat | An important thing to note about competition in general is that it is in the short term sub-optimal, since it entails some firms making efforts which don't pay off, and other firms having to make efforts which would not have been necessary if the unsuccessful firms didn't exist, but in the long term competition (in general) can often help shift sub-optimal scenarios toward optimality. | |
| Mar 11, 2015 at 23:52 | history | answered | FooBar | CC BY-SA 3.0 |