Quote:
Originally Posted by Luce
But in our model (hell, in every model), there isn't any such thing as government interference, for the same reason privately-maintained monopolies don't matter.
By which I mean, the government is an intrinsic part of the market.
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If gov is an intrinsic part of the market (as regulator, for example [which is interference to my mind]) then the market is
managed, not
free.
And: I didn't say diddly about
privately-maintained monopolies. I mentioned, in passing,
natural monopolies
Would you like to know about
natural monopolies and why they're superior to the
artificial monopolies you get with managed markets?
I'll be glad to rant about it (I haven't had a good libertarian rant in a coon's age, so I'm well-primed).