Personal swipes are not welcome in comments here. We've warned you before, so if you want to continue commenting here, it's time to fix this.
That includes avoiding snark tropes like "you do realize, right?" (https://news.ycombinator.com/item?id=14213226)
We detached this subthread from https://news.ycombinator.com/item?id=14212866 and marked it off-topic.
Re:A critique of trends in tech
by DiegoNolan on Friday April 28, 2017 @02:41AM
(#14217315)
Yes, all these people know nothing about economics.
https://en.wikipedia.org/wiki/Category:Libertarian_economist...
Yes, that explains the economic illiteracy. What you describe as individuals interacting with each other is really organizations interacting with individuals, or 2 entities interacting with each other with big power differentials in a market with low elasticity.
If you ever decide to learn economics past 101, look into what those terms mean and what might happen in those markets.