Re:Tech Workers Backing Candidates Looking to Break Up Their...
by perl4ever on Sunday November 03, 2019 @08:44PM
(#21438276)
Free markets only work if transaction costs are reasonable.
I actually agree with you that the fundamental purpose of government is to be a middleman, but that is the most important thing in the world!
All the time people want to talk about negative externalities - lowering transaction costs is the ultimate positive externality, and it doesn't get accounted for on anyone's books, so people get deluded into thinking there is no return on tax money.
I actually agree with you that the fundamental purpose of government is to be a middleman, but that is the most important thing in the world!
All the time people want to talk about negative externalities - lowering transaction costs is the ultimate positive externality, and it doesn't get accounted for on anyone's books, so people get deluded into thinking there is no return on tax money.