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It isn't a truly free market if there is information asymmetry between consumer and corporation. Therefore, government intervention should be considered accepta
by hatmatrix 10y ago
It isn't a truly free market if there is information asymmetry between consumer and corporation. Therefore, government intervention should be considered acceptable to even things out.
- dnautics 10y agothere are is never not information asymmetry, so this philosophy would become an excuse to make government intervention in all cases. The next conundrum is how to define 'evening things out', and if you can't imagine that power being misused, you have either a poor imagination or very little knowledge of history.