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Free markets are a good thing but when too free they self-destruct (2009) (dustingetz.com)
4 points by dustingetz on Nov 25, 2018 | hide | past | favorite | 1 comment



Which is why I absolutely never let the words "free market" pass through my lips; instead I say I believe in "competitive marketplaces." (I actually read Adam Smith.) A market free to be dominated by thugs, doesn't freely admit new competitors, as he knew.




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