3 ms·
Something I never see considered is that markets exist in a context. It's perfectly reasonable to believe that as a rule of thumb regulation should be eliminate
by bnjms 9y ago
Something I never see considered is that markets exist in a context. It's perfectly reasonable to believe that as a rule of thumb regulation should be eliminated and that competition is good. Both towards improving consumers lives. But it isn't reasonable to assume these two tenets are always aligned or to take them as ends unto themselves.
- nerdponx 9y agoIt's a fallacy that some writers have called "economism". Basically amounts to blind adherence to Econ 101 principles. There's a whole book on it, I think you can find it https://www.economism.net https://www.economism.net