Monday, August 09, 2004

Why everyone should be required by law to understand supply and demand

A recent angry e-mail from a reader said that certain issues should not be determined by "the dictates of the market." With a mere turn of a phrase, he had turned reality upside down.

Decisions by people free to make their mutual accommodations with other free people were called "dictates" while having third parties tell all of them what they could and couldn't do was not.


Thank you, thank you, thank you for laying down the law.

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