Quote:
Originally Posted by Fanguru
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Free markets do not exist in real life.
Minds blown?
A market is always regulated. For instance Child labour, drugs, government positions are usually not for sale.
Problem is, what one nation finds unethical may be totally acceptable in another.
Casinos are not allowed on p1999 -> it's not a free market.
This post contributed nothing to the topic, you are welcome.
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With regards to macroeconomics I would be inclined to agree that as an grows, there are those who seek to subdue it. The free market always seeks alternatives though and springs up in the spite of regulation. This is why we have never ending legislative action seeking squelch innovations and fostering black markets in the process.
01-16-2015, 12:27 PM
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