Andrew Carlan wrote:
>Satz is only the obvious example. He is wrong. I don't know where his
>interests lie, but as an economics teacher and an exponent of limited
>government, I can assure you that real estate agents, architects, doctors,
>and lawyers (so he and I are both included) are not very good examles of
>an unbridled market.
Andrew has misunderstood my position. Those "fields" I mentioned were not
held up by me as examples of a "pure" market, but as examples of fields
where the significance of economics is no greater than it is for music.
Concerning pure markets, thre are more of them in "illegal" fields. I, like
Andrew, taught Economics and believe in limited government. We are in the
same ballpark - no reason to disagree.
Real estate agent? What's that? I develop, market, buy, and sell real
property. Once in a while, I appraise it as well. The last time I looked,
I'm nobody's agent. What I do entails risk, a clear head, creativity,
common sense, planning, smart thinking, and insight about people - the very
qualities I bring to the list (I'm really shovelling it on here).
Don Satz
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