Unconditional Basic Income Would Fix a Major Flaw in Marketshttps://www.scottsantens.com/unconditional-basic-income-would-fix-a-major-flaw-in-markets/
How prices are determined is actually kind of amazing too in that it's a decentralized process. No one person is figuring out how much everything should cost everywhere. It's more like an iterative process of trial and error. Prices go up. Prices go down. High demand for something can increase its price, which results in greater supply to meet the demand, which can result in a lower price. This process is happening continually and is called the price mechanism.
Here's the great flaw: markets can't tell the difference between zero and null. The invisible hand of the market, no matter how strongly you believe in it, is simply incapable of determining the difference between the two. In fact, you may not even know the difference either, so let me explain.
Zero is a quantity less than one. It's a number that is known. If you have one apple and eat the apple, you now have zero apples.
Null is a lack of value. It's like a blank cell in a spreadsheet. There's just nothing there.