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> If you feel like you're seeing a lot of cynicism directed at "free markets", this is likely why: it's a reaction against these extremely vocal "drown-governme
by ericmay 4y ago
> If you feel like you're seeing a lot of cynicism directed at "free markets", this is likely why: it's a reaction against these extremely vocal "drown-government-in-a-bathtub" types.
Yea but that’s bad because it’s unsophisticated and it also creates people who start to believe that the market mechanic is a bad thing or the source of their problems, when it’s not. This creates bad ideas, cynicism because you can’t take action against this invisible market, or people lose interest in participating in government.
> The other problem, of course, is that as I said, the two are often called "free markets" interchangeably without clarification, which leads to much confusion.
That’s the fault of the author.