There have always been rules and laws. The US has never been a totally free market. Most of the laws and rules we have were written in blood by people professing a "free market" right to poison our people, rivers, air, and more.
America was largely a free market until the 1920s. Since then more regulations have actually increased the cost of living. The healthcare problem in America has a lot to do with increased regulations. For one we have a fixed limit on how many doctors can graduate every year. That was put in place by the medical lobby in the US. Ever since then healthcare costs have increased exponentially. Tale as old as time. This happens with every single new rule put in place. Rent control does the same thing. Prices just go up. This includes NIMBY laws.
The US does not limit the number of doctors that can graduate. The limit is on the number of residencies funded by medicare. If the private sector wanted more doctors in order to pay doctors less, they could just offer paid residencies themselves. Somehow the free market hasn't solved that one. This ignores that doctors' salaries aren't a significant cause of the problems and insurance companies are the true root of high prices.
Rent control stabilizes prices while more supply can be built, because it is in the interests of society for people to be able to afford to live, and we can't will additional buildings into place overnight. High eviction rates destroy communities and have many negative side effects.
In the absence of regulation, corporations lie, cheat, and steal, and have a massive power imbalance against ordinary people. No one has enough time and energy to research every option for everything in their daily life, and they rely on laws to establish safety measures they can rely on.
Oh you're one of those. You actually believe rent control works in the face of overwhelming evidence that all is does is increase the cost of housing. Fascinating. Pointless talking to you.
What are the holes? There are places today with no government - perfect free markets. If you think perfect free markets are awesome, you can move there and do business there. It's a bit like telling someone who loves communism to go to China.
An absolute free market would, by definition, permit the selling of the service "restrict someone's freedom for me".
Not sure if that leaves it a free market. So if we're gonna be talking holes in the cheese - seems like you're reasoning in terms of a basically self-contradictory notion.
But truly, what do you reckon about the 1st point, in terms of the interpretation of market freedom which you use?
Never has been. A totally free market doesn't work and has failed every time it was tried. You want one today, go set up shop in Somalia.
I can't respect that opinion. It's full of holes.
Holes such as what?
There have always been rules and laws. The US has never been a totally free market. Most of the laws and rules we have were written in blood by people professing a "free market" right to poison our people, rivers, air, and more.
America was largely a free market until the 1920s. Since then more regulations have actually increased the cost of living. The healthcare problem in America has a lot to do with increased regulations. For one we have a fixed limit on how many doctors can graduate every year. That was put in place by the medical lobby in the US. Ever since then healthcare costs have increased exponentially. Tale as old as time. This happens with every single new rule put in place. Rent control does the same thing. Prices just go up. This includes NIMBY laws.
The US does not limit the number of doctors that can graduate. The limit is on the number of residencies funded by medicare. If the private sector wanted more doctors in order to pay doctors less, they could just offer paid residencies themselves. Somehow the free market hasn't solved that one. This ignores that doctors' salaries aren't a significant cause of the problems and insurance companies are the true root of high prices.
Rent control stabilizes prices while more supply can be built, because it is in the interests of society for people to be able to afford to live, and we can't will additional buildings into place overnight. High eviction rates destroy communities and have many negative side effects.
In the absence of regulation, corporations lie, cheat, and steal, and have a massive power imbalance against ordinary people. No one has enough time and energy to research every option for everything in their daily life, and they rely on laws to establish safety measures they can rely on.
Oh you're one of those. You actually believe rent control works in the face of overwhelming evidence that all is does is increase the cost of housing. Fascinating. Pointless talking to you.
What are the holes? There are places today with no government - perfect free markets. If you think perfect free markets are awesome, you can move there and do business there. It's a bit like telling someone who loves communism to go to China.
An absolute free market would, by definition, permit the selling of the service "restrict someone's freedom for me".
Not sure if that leaves it a free market. So if we're gonna be talking holes in the cheese - seems like you're reasoning in terms of a basically self-contradictory notion.
But truly, what do you reckon about the 1st point, in terms of the interpretation of market freedom which you use?