Markets Aren’t Perfect

But they are pretty darn good at making sure undesired, bad, useless, inefficient, or even dangerous inventions, products, and corporations don’t remain with us very long absent government intervention:

See more here and here.  BTW, what would happen to you if you actually smoked a pack of cigs at once?

2 thoughts on “Markets Aren’t Perfect

  1. The best thing about markets is that they are non-coercive. That, to me, is the most important thing to take away, is that you can walk away if you don’t like what you are served.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s