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This is what happens when understanding of basic economics and free markets is equated with libertarianism in most people's eyes. Without an understanding of e
by mc-lovin 13y ago
This is what happens when understanding of basic economics and free markets is equated with libertarianism in most people's eyes.
Without an understanding of economics, people morally equate private transactions that raise the rent in an area (which causes no externalities) with polluting someone's water supply or running down bicyclists with your giant corporate buses (which are externalities).