A tale of two market systems
I recently made two purchases, of roughly equivalent value.* Firstly, I rented a small flat in Bristol for the next 12 months. Secondly, I hired a developer to create a new online platform for DevLearn’s online training courses. In both cases, I was purchasing a service – but in all other ways, the experience as a consumer was completely different. Contrasting the two is a useful illustration of the different ways in which market systems can fail. As a prospective…