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You're conflating things. You can have ab200% regulated market with total transparency either by regulators or the participating companies ... I mean actual th

You're conflating things. You can have ab200% regulated market with total transparency either by regulators or the participating companies ... I mean actual the implication that you get a transparent market from a free market because of "consumer demands" is sort of laughable when you consider that the free market on planet Earth does not contain perfect agents.

Zuider 13y ago
>...when you consider that the free market on planet Earth does not contain perfect agents. But the same imperfect agents, human beings, also constitute governments and bureaucracies. Markets are not a perfect institution, and it is very easy to point out flaws, but they have an observed tendency towards improvement, self ordering, and discovery of better resources that is lacking from government. Flaws in the market tend towards being corrected while flaws in government tend to become entrenched, obfuscated, and aggressively defended against any attempt to reveal and correct them.