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Comment by antisthenes

> And yes. It probably is like libertarianism. I am a libertarian, and I don't take that as an insult.

Yes, that explains the economic illiteracy. What you describe as individuals interacting with each other is really organizations interacting with individuals, or 2 entities interacting with each other with big power differentials in a market with low elasticity.

If you ever decide to learn economics past 101, look into what those terms mean and what might happen in those markets.

parent antisthenes 9 years ago

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