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True, except that we don't built airplanes by ignoring the fundamentals of gravity or its sheer existence. Bureaucrats and politicians abound who can't grasp su
by lr4444lr 9y ago
True, except that we don't built airplanes by ignoring the fundamentals of gravity or its sheer existence. Bureaucrats and politicians abound who can't grasp supply and demand, and have no accountability when reality causes their plans to crash.
- maxxxxx 9y agoAirplanes have to abide by fixed natural laws. Our version of markets is defined entirely by humans and we can change the rules in whatever way we wish. The only truly free market would be no laws at all and let the stronger win.
- around_here 9y agoThen there can be only one. Either by the destruction of all competitors, or the amalgamation of the few remaining such that they behave as one (telecoms aren't that far off here). Then the market isn't free, it's just lords and their serfs.
- sigstoat 9y ago> Our version of markets is defined entirely by humans and we can change the rules in whatever way we wish. no, you can't. everywhere people trade, there's a market. all you can do is raise the costs associated with legal markets, and deprive those engaging in trade of the rule of law. take a look at the drug cartels for what happens when you try and legislate markets totally out of existence.