View Single Post
  #1  
Old 02-25-2012, 07:09 PM
Unit Unit is offline
 
Join Date: Aug 2008
Posts: 1,713
Default What's competition?

Matt Lewis and Robert Costa don't know what the free-market is.

Free-market competition is a process of discovery. Maybe Matt and Robert would benefit from reading Hayek's description of what the role of competition really is in the context of free-markets. One would hope that they would then refrain from referring to the "daily grind" and other cut-throat vicissitudes as "free-market competition".
Reply With Quote