The difference is that they are making more phones, more cars, more clothes, etc. They are not finite.
As the saying goes, they aren't making more land. With a constrained resource that nobody created, the least efficient way to allocate it is to just let whoever got there first have it. A far better way would be to have competitive bidding so whoever thinks they can do a better job gets a shot at it.
As the saying goes, they aren't making more land. With a constrained resource that nobody created, the least efficient way to allocate it is to just let whoever got there first have it. A far better way would be to have competitive bidding so whoever thinks they can do a better job gets a shot at it.