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What these "free market" idealists fail to recognize is that the free market only works when consumers are informed. Yes, ideally consumer should buy products t
by const_cast 1y ago
What these "free market" idealists fail to recognize is that the free market only works when consumers are informed. Yes, ideally consumer should buy products that are higher quality or cheaper and that should incentivize the market to produce products of that nature. Yeah, in order to do that though consumers need some measurement of quality.
It's like advocating for the free market by saying used car dealers should be able to dial back the odometer. That's not free market economics. It's actually the opposite, these people are advocating for a less-free market.