Comment to Paul Krugman’s “Facts Have a Well-Known Liberal Bias”, New York Times, 201-12-08
I think a counter-attack to these distorters of facts should be repeating over and over again their misinterpretation and misrepresentation of so many ideas.
To them, a free market means corporations are free to do what they please. But a true free market is:
Many buyers and sellers.
Both buyers and sellers are free to enter or leave the market.
Both buyers and sellers have all the information they need.
There are no externalities (all costs are paid for in the transactions
They cherry-pick “sacred” texts to suit themselves.
Adam Smith in “On the Wealth of Nations” observed the England had laws the prevent the workers from organizing to raise wages but none to prevent the masters from organizing to keep wages down.
Adam Smith warned that those who live by profit are not to be trusted.
“Originalist” judges have changed the Constitution to mean that corporations are people.
