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Is the liberal idea of a free market, one that gives away free cheese?
01-31-2013, 04:15 AM
Post: #17
Alex Offline
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No, it's one where the consumers are on the same level as the producers and giant companies don't get unfair advantages. As you would know if you knew anything about basic economics, the free market doesn't work when you have an information asymmetry between firms and consumers, when the firms have the power to set prices in the market, or when there are high barriers to entry for new firms.
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Messages In This Thread
[] - Elliot - 01-31-2013, 04:15 AM
[] - Captain Jack - 01-31-2013, 04:15 AM
[] - scrawnydoctor604 - 01-31-2013, 04:15 AM
[] - Rasputia - 01-31-2013, 04:15 AM
[] - The Happy Texan - 01-31-2013, 04:15 AM
[] - tangerine - 01-31-2013, 04:15 AM
[] - PeekaBoo - 01-31-2013, 04:15 AM
[] - El Patron - 01-31-2013, 04:15 AM
[] - ? - 01-31-2013, 04:15 AM
[] - mommanuke - 01-31-2013, 04:15 AM
[] - iris054 - 01-31-2013, 04:15 AM
[] - SmartAZ - 01-31-2013, 04:15 AM
[] - Paul Jackson - 01-31-2013, 04:15 AM
[] - slykitty62 - 01-31-2013, 04:15 AM
[] - Alex - 01-31-2013 04:15 AM
[] - John - 01-31-2013, 04:15 AM

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