In Reply to: You better hope not! posted by Brian Cheney on December 27, 2008 at 10:58:13:
criteria for being a free-market, e.g., private ownership, lots of small competitors, and ease of entry into the market.
The auto industry isn't a free-market in that sense.
If that is your point, Brian, then I agree with you.
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Follow Ups
- The high-end audio industry meets many of Adam Smith's - Jay Buridan 12/27/0811:35:52 12/27/08 (0)