[legitster]

Nothing that this article discusses is particularly noteworthy or novel - Literally chapter 7 of the most common Econ 101 book (Paul Krugman's) covers "Imperfect Competition" in much better, less circular detail.

However, the mental gymnastics the author performs to reach these conclusions is impressive on its own right. "You are not buying an apple, but the property rights to an apple" is just the sort of non-parody content I have come to expect from Substack writers at this point.

If you are actually interested in how supply and demand work in non-monetary markets (like the POW camp example), I cannot recommend enough "Who Gets What and Why" by Alvin Roth, the father of Kidney exchange programs.