市场力量不被允许更高效地分配稀缺基础设施的使用权。

Market forces have not been allowed to allocate access to scarce infrastructure more efficiently.

youdao

证据表明私营的市场有能力自行产生，债券化和分配住房抵押贷款。

The evidence shows that the private market can originate, securitize and distribute home mortgages efficiently on its own.

youdao

在狭义上市场可能有效，但在分配资本进行最多产的应用的意义上则非如此。

Markets may be efficient in a narrow sense but not in the sense of allocating capital to its most productive use.

youdao

The second principle is did the distribution arise from the operation of free consent, people buying and trading on the market?

第二条原则，财富的分配是否,基于自由达成的交易，基于自由市场的买卖？

耶鲁公开课 - 公正课程节选