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(Follow-up from my other reply)

> But artificial scarcity seems like a bad way to go about it.

What artificial scarcity are you talking about here?

I'm not trying to say we need artificial scarcity, university should be a market like any other product or service.

Personally I tend to go even further away from most when it comes to scarcity in the job market too - I'd rather have open borders than immigration systems that limit how many people can come here and compete for jobs.




>I'm not trying to say we need artificial scarcity, university should be a market like any other product or service.

Whats a truly competitive market place where all competitors, broadly speaking, are playing on the same playing field and the best business wins?

There's been nothing but waves of consolidation across nearly all industries for the last 40 years. Competition is scarce, it seems.


Totally agree, we haven't really had capitalism for most of my life. It is possible though, and most of US history included at least mostly free markets.

I was a software consultant for many years. I'd put that on the list of truly competitive marketplaces. People were either willing to pay me to do a job or they weren't, and I would have to adjust my prices and terms to try to increase or decrease my workload.


That’s one, and I suppose marketing firms to some extent also fit.

But these are small niches that don’t make a whole sector, and arguably it’s on the fringes comparatively to everything else

Broadly speaking the so called free market is only in its name


For sure, I'd argue that's mainly because any industry that centralizes or grows big enough to really matter finds itself the subject of new government oversight and regulation. As soon as the government becomes involved, for better or worse, its no longer a free market.




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