Comment by Terr_

Comment by Terr_ 9 hours ago

2 replies

> What is not a free market is

A bit of a tangent, but price transparency is another factor.

At least when economists publish their "it's the bestest and most efficient option" analyses their definition involves perfect information: No secret prices, no non-disclosure agreements, everybody knows what was paid for inputs and labor, etc.

I bring this up because there is an unavoidable conflict between "the market that moves freely as a whole" version versus "the market where I'm free to keep secrets."

pdonis 21 minutes ago

> price transparency is another factor

Yes, agreed. One obvious place in the US where that is a huge problem is health care.

datsci_est_2015 4 hours ago

When the market does something I consider good, I call it free. When the market does something I consider bad, I call it not free [and it’s the government’s fault].

Feels tangentially related to the No True Scotsman fallacy, but with the premise flipped?