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Ok... Education is not remotely resembling of what economists mean when they say Perfect Competition, or a free market, empowers consumers. How in the world do
by wallace_f 7y ago
Ok... Education is not remotely resembling of what economists mean when they say Perfect Competition, or a free market, empowers consumers. How in the world do you believe it is not heavily interfered with?
- xg15 7y ago"Perfect competition" would also require all consumers to be perfectly rational and to have full knowledge about the market. Where apart from fully automated algorithmic trading is this the case? (And even there you have market failures)