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> And yes. It probably is like libertarianism. I am a libertarian, and I don't take that as an insult. Yes, that explains the economic illiteracy. What you des
by antisthenes 10y ago
> And yes. It probably is like libertarianism. I am a libertarian, and I don't take that as an insult.
Yes, that explains the economic illiteracy. What you describe as individuals interacting with each other is really organizations interacting with individuals, or 2 entities interacting with each other with big power differentials in a market with low elasticity.
If you ever decide to learn economics past 101, look into what those terms mean and what might happen in those markets.
- DiegoNolan 10y agoYes, all these people know nothing about economics. https://en.wikipedia.org/wiki/Category:Libertarian_economists https://en.wikipedia.org/wiki/Category:Libertarian_economist...
- dang 10y agoPersonal swipes are not welcome in comments here. We've warned you before, so if you want to continue commenting here, it's time to fix this. That includes avoiding snark tropes like "you do realize, right?" (https://news.ycombinator.com/item?id=14213226 https://news.ycombinator.com/item?id=14213226) We detached this subthread from https://news.ycombinator.com/item?id=14212866 https://news.ycombinator.com/item?id=14212866 and marked it off-topic.