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I think it is really unfortunate that your ideology limits your ability to see that (1) extreme algorithmic price discrimination can and will lead to all manner

I think it is really unfortunate that your ideology limits your ability to see that (1) extreme algorithmic price discrimination can and will lead to all manner of social ills; and (2) there are regulatory regimes capable of limiting the most extreme forms of price discrimination that are neither "endless" nor "bureaucratic". Just take a look at the stock market. Your broker isn't tweaking your view on the order book based on who you are, nor should it.

seibelj 6y ago
It’s really sad to me that your ideology is about coercion and government intervention into the most minute details of business. I have a great idea - let the free market sort it out!
- rmrfstar 6y ago
  Are efficient markets some kind of Nash equilibrium that naturally emerges from bellum omnium contra omnes? If true, it is strange that we need government coercion to define and enforce property rights. Stranger still that we need government coercion to grant corporate charters to facilitate capital formation. The free market should just handle that.
  - seibelj 6y ago
    It’s hilarious that I advocate against the government dictating exactly how a business can set prices and when, and you immediately jump to the foundations of private property. I’m not advocating for dissolution of the state - I’m saying we don’t need government agents meddling in all aspects of private business. But it is very sad that statists continue to advocate for ever harsher and more extreme intervention and ludicrous policies.
- mr_toad 6y ago
  > let the free market sort it out! Price discrimination is an example of market failure. This is first year economics. You can argue the net pros and cons of intervention, but the market definitely isn’t going to sort it out.
- maest 6y ago
  The free market is a great tool but it has plenty of failure modes and this is clearly one of them.

seibelj 6y ago

It’s really sad to me that your ideology is about coercion and government intervention into the most minute details of business. I have a great idea - let the free market sort it out!

rmrfstar 6y ago
Are efficient markets some kind of Nash equilibrium that naturally emerges from bellum omnium contra omnes? If true, it is strange that we need government coercion to define and enforce property rights. Stranger still that we need government coercion to grant corporate charters to facilitate capital formation. The free market should just handle that.
- seibelj 6y ago
  It’s hilarious that I advocate against the government dictating exactly how a business can set prices and when, and you immediately jump to the foundations of private property. I’m not advocating for dissolution of the state - I’m saying we don’t need government agents meddling in all aspects of private business. But it is very sad that statists continue to advocate for ever harsher and more extreme intervention and ludicrous policies.
mr_toad 6y ago
> let the free market sort it out! Price discrimination is an example of market failure. This is first year economics. You can argue the net pros and cons of intervention, but the market definitely isn’t going to sort it out.
maest 6y ago
The free market is a great tool but it has plenty of failure modes and this is clearly one of them.