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← Buying in the cheapest market and selling in the dearest can never be a principle of national economy

17 connected korrents · 14 moments from 28 Mar 2023 to 14 Oct 2026.

Everything filed under libertarianism libertarianism Everything filed under price gouging price gouging Everything filed under stock market stock market Everything filed under capitalism capitalism Everything filed under market efficiency market efficiency Everything filed under SaaS SaaS Everything filed under startups startups Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Buying in the cheapest market and selling in the dearest can never be a principle of national economy Buying in the cheapest market and sellingin the dearest can never be a principle ofnational economy JR John Ruskin — holds since c. 1860–1862 — tap for who they are Same subject: A market becomes commodified through fungibility of alternatives, not merely through lower price. — tap to centre the map on it A market becomes commodified throughfungibility of alternatives, notmerely through lower price. Last stated 2 months ago 26 Aug 2026 RK Rohit Krishnan — holds since 2026-08-26 — tap for who they are Same subject: A market economy rewards putting land under campsites and horse liveries rather than under food, and that is the wrong thing to reward. — tap to centre the map on it A market economy rewards puttingland under campsites and horseliveries rather than under food, andthat is the wrong thing to reward. Last stated 3 years ago 9 Dec 2023 CS Chris Smaje — holds since 2023-12-09 — tap for who they are Same subject: The market is not magic; it works where property rights are defined — tap to centre the map on it The market is not magic; it workswhere property rights are defined TS Thomas Sowell — holds since c. 1980 — tap for who they are Same subject: Price selects the market: a serious buyer reads a low price as evidence that the product cannot possibly be good enough. — tap to centre the map on it Price selects the market: a seriousbuyer reads a low price as evidencethat the product cannot possibly begood enough. Last stated 9 months ago 25 Jan 2026 JC Jason Cohen — holds since 2026-01-25 — tap for who they are Same subject: The efficient market hypothesis is at best a very lossy heuristic — tap to centre the map on it The efficient market hypothesis isat best a very lossy heuristic Last stated 2 months ago 4 Sept 2026 NF Nat Friedman — holds since 2026-09-04 — tap for who they are Same subject: The market works as it should when people vote with their feet — tap to centre the map on it The market works as it should whenpeople vote with their feet Last stated 4 years ago 28 Mar 2023 DH David Heinemeier Hansson — holds since 2023-03-28 — tap for who they are Same subject: A market can degrade into something nobody wants even when every participant acts reasonably and no one is evil or stupid. — tap to centre the map on it A market can degrade into somethingnobody wants even when everyparticipant acts reasonably and noone is evil or stupid. Last stated a year ago 30 Sept 2025 FC Frank Chimero — holds since 2025-09-30 — tap for who they are Same subject: Making a commodity cheaply is a harder startup problem than making something valuable, because the product cannot carry a premium. — tap to centre the map on it Making a commodity cheaply is aharder startup problem than makingsomething valuable, because theproduct cannot carry a premium. Last stated 2 years ago 6 Mar 2025 AV Austin Vernon — holds since 2025-03-06 — tap for who they are Same subject: A free person asks neither what the country can do for them nor what they can do for the country — tap to centre the map on it A free person asks neither what thecountry can do for them nor whatthey can do for the country MF Milton Friedman — holds since c. 1962 — tap for who they are Same subject: A policy of freedom for the individual is still the only truly progressive policy, as in the nineteenth century — tap to centre the map on it A policy of freedom for theindividual is still the only trulyprogressive policy, as in thenineteenth century FH Friedrich Hayek — holds since c. 1944 — tap for who they are Same subject: An alliance with abundance liberals is likely a more promising political strategy for libertarians than a revival of fusionism in the short to medium term. — tap to centre the map on it An alliance with abundance liberalsis likely a more promising politicalstrategy for libertarians than arevival of fusionism in the short tomedium term. Last stated 3 weeks ago 14 Oct 2026 IS Ilya Somin — holds since 2026-10-14 — tap for who they are Same subject: A high, stable dividend yield gives a stock's valuation a downside floor that growth stocks without dividends lack. — tap to centre the map on it A high, stable dividend yield givesa stock's valuation a downside floorthat growth stocks without dividendslack. Last stated 8 months ago 3 Mar 2026 SB Sanjay Bakshi — holds since 2026-03-03 — tap for who they are Same subject: A society's prosperity comes from its productivity, not from the financial system or stock market. — tap to centre the map on it A society's prosperity comes fromits productivity, not from thefinancial system or stock market. Last stated a month ago 25 Sept 2026 MM Mr. Money Mustache — holds since 2026-09-25 — tap for who they are Same subject: AI stocks are behaving as if they are insensitive to interest rate changes. — tap to centre the map on it AI stocks are behaving as if theyare insensitive to interest ratechanges. Last stated 3 weeks ago 8 Oct 2026 BD Brad DeLong — holds since 2026-10-08 — tap for who they are Same subject: Draconian price controls are among the most ruinous economic policies a government can impose. — tap to centre the map on it Draconian price controls are amongthe most ruinous economic policies agovernment can impose. Last stated a month ago 18 Sept 2026 SS Scott Sumner — holds since 2026-09-18 — tap for who they are Same subject: Dynamic pricing means prices decrease as well as increase. — tap to centre the map on it Dynamic pricing means pricesdecrease as well as increase. Last stated 2 months ago 13 Sept 2026 PG Paul Graham — holds since 2026-09-13 — tap for who they are Same subject: Europe's carmakers spent the early 2020s raising prices and profits at their customers' expense, and narrowed their own market doing it. — tap to centre the map on it Europe's carmakers spent the early2020s raising prices and profits attheir customers' expense, andnarrowed their own market doing it. Last stated 3 months ago 22 Jul 2026 AT Adam Tooze — holds since 2026-07-22 — tap for who they are
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At the centre Buying in the cheapest market and selling in the dearest can never be a principle of national economy Last stated c. 1860–1862 Holds John Ruskin Read this korrent →