3 ms·

Its not a free market if you cant opt-out of it.

• jakelazaroff 8y ago
  A market's degree of freedom and your ability to not participate are orthogonal. There are plenty of markets you cannot pragmatically opt out of, e.g. food and real estate.
  • munk-a 8y ago
    In the food and real estate market are there three companies that have formed an oligopoly on any transactions within the market? I don't disagree that some goods are inelastic and still can have robust free markets (see bottled water) but the credit score market is not one of them.
  • conanbatt 8y ago
    I disagree with this interpretation. Nobody can force-feed you, and you have the capacity to make your own food given the extreme. Real estate you can divide in housing and land. Housing is a free market, you can make your own shelter if you wish. You would have a point for land, it is not a free market.