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array_key_firstlast Thursday at 4:10 PM2 repliesview on HN

I think it's not that people question free market dynamics, it's that they question a market is free in the first place.

For example, healthcare in the US is basically exempt from typical free market dynamics like supply and demand because of how the market works. Consumers don't choose, everyone has a moat and parents, and costs are often subsidized.


Replies

malshelast Thursday at 4:42 PM

100%. I see more and more young people appreciating Carlin’s “it’s a big club and you ain’t in it” quote because they have come to terms with the rigged game. I think the GFC was the starkest exemplar of this.

muyuuyesterday at 2:09 PM

but the market doesn't need to be free for basic market pressure to have an overwhelming effect