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by dpatru
5656 days ago
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In a free market, productivity tends to rise and prices tend to fall. Market leaders, in order to maintain their leadership, must constantly work to stay ahead of their competition. This is a good rule of thumb to determine whether a market is free. So, for example, in the US, the high tech hardware and software markets are free (prices are continuously dropping) while the higher education market is not (prices go up every year.) |
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