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The "free market" doesn't really exist. It is an ideal, and an ill defined one at best. What does exists are mechanisms. A law that forces prices to be visible
by ZhuanXia 7y ago
The "free market" doesn't really exist. It is an ideal, and an ill defined one at best. What does exists are mechanisms. A law that forces prices to be visible is a mechanism that is likely to increase economic efficiency at little cost. In absence of a rent-seeking doctor's guild, it would not be needed, true, but it is certainly better than nothing.