Comments on: Why The Market Economy Works http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/ Life. Liberty. Property. Defending individual freedom and liberty, one post at a time. Mon, 17 Jun 2013 22:29:16 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: js290 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29180 js290 Fri, 01 Jun 2007 04:14:14 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29180

If you give those people property rights and the rule of law, they might be able to do something other than grow coffee.

Which the US Govt then burns down in the name of “War on Something” to protect the big pharm companies. We have no “free markets” here.

]]> By: Bret http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29090 Bret Thu, 31 May 2007 06:35:15 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29090 Brad,

Stop living my life. I also (around 16) worked at Best Buy and we had a strict moratorium on negotiating. In fact, the only thing we had to really sell was the $99 4-year computer service plans, which, by the way, was a great deal. I always thought the no-bargaining rule was BB policy. I worked at the one in Laguna Niguel about 10 years ago.

]]> By: Brad Warbiany http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29084 Brad Warbiany Thu, 31 May 2007 04:53:34 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29084 rajeev,

If you give those people property rights and the rule of law, they might be able to do something other than grow coffee. It worked for the kids and grandkids of American farmers, who embraced the industrial revolution and found more productive (and more lucrative) things to do.

]]> By: Brad Warbiany http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29082 Brad Warbiany Thu, 31 May 2007 04:48:56 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29082 That is a nice Crate & Barrel though :-)

]]> By: rajeev hegde http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29077 rajeev hegde Thu, 31 May 2007 04:35:26 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29077 the opeerative word in your article is “you have a choice”, but unfortunately, if you take the example of coffee, small coffee growers and labourers dont(have a choice). the choice for them is either slightly starve or starve to death. labourers now are getting paid less then 1.50$ for an 8 hour day.
so by your 100% free market economics at least 30% of those engaged in growing cofee should starve to death before the rest can make a decent living?
100% free market economics, will not work in every kind of situation.

]]> By: Doug Mataconis http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29065 Doug Mataconis Thu, 31 May 2007 03:19:18 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29065 Brad,

Point taken.

My most recent experience with high-end retail was with Crate & Barrel on Michigan Avenue in Chicago.

Perhaps not the most scientific survey.

]]> By: Brad Warbiany http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29064 Brad Warbiany Thu, 31 May 2007 03:10:59 +0000 http://www.thelibertypapers.org/2007/05/30/why-the-market-economy-works/#comment-29064 Who says you can’t go in and negotiate at a place like that? Have you ever tried?

Back in the day (when I was about 16), I worked selling computers at Best Buy. Most people came in, paid the price on the tag, and walked away with a purchase. The more savvy consumers knew that if they were buying a package deal (such as computer, monitor, printer and accessories), they could negotiate. That’s on computers, where the margins were razor-thin. Over in audio/video, or appliances, it was common to have people get deals on any big-ticket item if they tried.

You can often get better prices if you try, even at some of the big-box stores.

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