Post
Topic
Board Economics
Re: A Resource Based Economy
by
ngupowered
on 13/10/2015, 11:08:34 UTC
RealBitcoin,

I only need you to answer whether US. private businesses set their own prices- and compete among another and, if the answer is no, provide examples to that effect, such as laws. I don't want rants about taxes being slavery or an unduly burden, etc - since they are not germane to the question.

Meanwhile, let's enjoy - ahem - what you have written so far:

Sorry but free market is the way to go: tiny or no regulations, and tiny or no taxes Smiley
VS
-Absolutely no government interference in the market: no regulation ,no taxes, no interfering laws ,and no quotas.
VS

investiopedia.com: "A market economy based on supply and demand with little or no government control"

AND

Merriam-Webster defines "free market" as
" an economic market or system in which prices are based on competition among private businesses and not controlled by a government "
[,] but the dictionary definition is pretty spot on.
VS
The dictionary definition is correct, but it is very narrow, the free market is a broader definition, while that definition is correct, thats only 1 pillar of the free market. Far more criterias need to be correct in order for us to talk about free market

, MY EMPHASIS!