Race to the Bottom, race to efficiency(en.wikipedia.org)2 points·by sirobg·3년 전·1 commentsen.wikipedia.orgRace to the Bottom, race to efficiencyhttps://en.wikipedia.org/wiki/Race_to_the_bottom1 commentsPost comment[–]sirobg·3년 전reply> Some, such as Justice Louis Brandeis, described the concept as the "race to the bottom" and others, as the "race to efficiency".I find this interesting because it shows that these race to the bottom often stem from situations with arbitrage opportunities.
I find this interesting because it shows that these race to the bottom often stem from situations with arbitrage opportunities.