A truly free market solves many of its own problems. Price discovery is genuine (not close to what we are experiencing now) and if someone famous wants to put their face on a product and sell it for a gillion dollars, then the market will determine if he or she is able to achieve this. Get the corrupt banksters out of the way and let's see where we can go from here.
You are viewing a single comment's thread from:
truly free market would probably work pretty well... way back in the when during Economics, the theory of Perfect Competition always made far more sense to me than much of the other mumbo-jumbo.@makecents, a
That said, I always end up asking whether there needs to be a "playing field" and some "basic rules." If someone shows up to a FOOTBALL game with a bazooka, in order to win... that seems... not right But unless it is somehow "made known" that a bazooka is inappropriate game equipment... what stops that person? And what keeps the game from escalating into WWIII?