Quote:
Originally Posted by Drolefille
I'm not sure why you're explaining what EW says as I feel like not only do you totally misunderstand my point but I'm having no problems understanding what he is saying and disagreeing with it on my own. Nor did I ever say that all places would replace workers with sweat shops. Although you neglect to take into consideration whether people would have an option not to patronize such an imaginary place due to location or income.
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Fair enough - but questions like "Who does the market favor?" or pointing out that the market shits its pants when Steve Jobs does something really seem like you're misapplying microecon theory, or confusing it with common usage of "market" and "rational" (which are massively different than the econ usages).
If you're not, that's my bad, and clearly a limit to the message board medium and my own idiocy.