QUOTE(Hoheneim @ Jun 30 2012, 12:05)

What economists would say means squat, really. After dozen of years hearing stuff like "free markets regulate themselves" and after several economic crises (from the argentinian bonds to the recent subprime mortgages implosion) no one in his right mind should try to back up his words with this kind of nonsense. Next time think twice about it. And then decide against it anyway.
Just to be absolutely clear: when you're faced with two options that yeld the same result, you don't have a choice at all. That's anything but fair.
The problem is uncontrolled inflation. Not sure what "economists" would say, but that hardly looks like a good thing.
I couldn't care less how many of them are reading the forum or not. Anyone with half a brain can figure out that the price you input is "per item". Actually, 1/4th of a brain should suffice: the original per-item price is listed a few pixels away.
Well, the way it works is a lot like psychology/psychiatry and pretty much all the social studies. It's very hard not to say something just because you believe strongly against/in something, regardless of the obvious truths staring you in the face. For example, they argue for a free market but use a lot of weasel words. Imagine some of these scenarios and compare them:
1) You have people able to instantly sell/trade anything to anybody else with no shipping/handling, no fees/taxes/tariffs, no delay from shipping, no protectionist polices (such as patents), no restrictions 'for your safety' (guns/laser pointers/hentai/whatever), and no retaliation for underselling/cloning. This is technically an almost purely free market and is NOTHING LIKE what most economists mean when they say 'free market'. This market system would entirely depend on non-zero-sum math to even make sense.
2) You have a market where anyone can force you to stop selling/buying by physical force, enforce price-fixing (
both biggest buyers/sellers) again with physical force, and so on. This is usually thought of as the black market and sometimes the normal market (on some products - just try and buy a nuke!).
3) You have a market that has strict regulations about price-fixing (who can/cannot and what can/cannot be gouged), patent violations (monopoly protection) versus antitrust laws, limited competition due to barriers to entry, and so on. This is the real world
unless you're a government or something like that which plays by different rules.
Yeah, #1 is hilarious in that it's obviously unfeasible. Although it is a lot like the Internet with file sharing. There's tons of other models besides these 3 but they illustrate why I call 'free market' weasel words.
This post has been edited by lovehcomics: Jul 1 2012, 09:13