That analogy makes no sense, and your view of consumers and individuals as children is patronizing.
Free markets also include the spread of information and signaling. People can learn from the mistakes from others. It is precisely in a free market where the information gets to be spread out the quickest.
Free markets also include the spread of information and signaling. People can learn from the mistakes from others. It is precisely in a free market where the information gets to be spread out the quickest.