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Do Free Markets Create a Wasteful "Landfill Economy"? Definitely Not

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Tags CapitalismEconomic PolicyFree MarketsLibertarianismU.S. EconomyU.S. History

07/29/2022Connor Mortell
Narrator: 
Michael Stack

Critics claim the market economy engages in "planned obsolescence" that encourages throwing good products into landfills. In fact, activities that might seem wasteful are the best use of resources.

Original Article: "Do Free Markets Create a Wasteful "Landfill Economy"? Definitely Not"

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Author:

Connor Mortell

Connor Mortell graduated from Texas Christian University with a BBA in finance, minoring in Chinese language and culture. After graduation, he worked as a legislative aide in the Florida House of Representatives from 2019–21. Currently he is an MBA student at Florida State University. Additionally, he is a graduate of Mises University, where he passed the Mündliche Prüfung Viva Voce Exam on economics.

Original Article: 
Do Free Markets Create a Wasteful "Landfill Economy"? Definitely Not