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You appear to be using your own definition. Correct pricing, in an economic sense, is that which an undistorted market will bear, using whatever definition of
by nate_meurer 15y ago
You appear to be using your own definition.
Correct pricing, in an economic sense, is that which an undistorted market will bear, using whatever definition of "undistorted" you like. It's that simple.
- cabalamat 15y ago> using whatever definition of "undistorted" you like My definition includes the absence of violence, threats of violence, or dishonesty. If the only reason people aren't using BitTorrent downloads is threats of violence (which is what threats of internet disconnection are, albeit at several levels removed), then it isn't a free/undistorted market.