What Should Wages, Prices and Taxes Be? | Ian Welsh

Published by Chris Oestereich on

Free markets work when full costs are priced in, and only then. If you charge less than the full price, you undercut those business that are charging full cost, driving them out of business.  Since they were actually paying the freight for their business and you aren’t, you are free-riding, a parasite.
-Ian Welsh

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