Why does it require it? To what aim does this serve the market?
A check against fraud and protection of property rights can be achieved through force and violence and the threat of violence, so that answer seems inadequate.
Likewise, supply and demand is definitely affected by government policies. The supply of labor, for example, by allowing or disallowing near shore or off-shore work with steep penalties. Or allowing/disallowing gambling.
So that also flies in the face of evidence.
It’s a self-serving, faith-based belief that that desires to put “market forces” beyond the reach of voters. It’s also a colossal delusion.
I’ll be sure to bring a posse of gunmen to my next negotiation.
Every well functioning market has ground rules. We call that laws.
And every well-functioning market has enforcer of said ground rules. We call that government.
Believing that the market is unregulated is faith-driven nonsense, which flies in the face of evidence.
A free market requires laws that protect property rights and prevent people from using force and fraud against others.
"Your signature on the contract or your brains" is not a free market transaction.
Why does it require it? To what aim does this serve the market?
A check against fraud and protection of property rights can be achieved through force and violence and the threat of violence, so that answer seems inadequate.
Likewise, supply and demand is definitely affected by government policies. The supply of labor, for example, by allowing or disallowing near shore or off-shore work with steep penalties. Or allowing/disallowing gambling.
So that also flies in the face of evidence.
It’s a self-serving, faith-based belief that that desires to put “market forces” beyond the reach of voters. It’s also a colossal delusion.
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