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← The market is not magic; it works where property rights are defined

17 connected korrents · 12 moments from 28 Mar 2023 to 14 Oct 2026.

Everything filed under government government Everything filed under stock market stock market Everything filed under libertarianism libertarianism Everything filed under price gouging price gouging Everything filed under capitalism capitalism Everything filed under market efficiency market efficiency Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: The market is not magic; it works where property rights are defined The market is not magic; it works whereproperty rights are defined TS Thomas Sowell — holds since c. 1980 — 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: The current economy works for the owners of capital, not for workers. — tap to centre the map on it The current economy works for theowners of capital, not for workers. Last stated 3 weeks ago 14 Oct 2026 KS Kyla Scanlon — holds since 2026-10-14 — 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: 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: Both markets and states are spontaneous orders, not just the state as constructed 'taxis' versus the market as 'cosmos'. — tap to centre the map on it Both markets and states arespontaneous orders, not just thestate as constructed 'taxis' versusthe market as 'cosmos'. Last stated 3 years ago 1 Oct 2023 TC Tyler Cowen — holds since 2023-10-01 — tap for who they are Same subject: The market lets ordinary people make their own decisions, which is why some intellectuals dislike it — tap to centre the map on it The market lets ordinary people maketheir own decisions, which is whysome intellectuals dislike it TS Thomas Sowell — holds since c. 1980 — tap for who they are Same subject: The market place of ideas isn't perfectly efficient or perfectly rational — tap to centre the map on it The market place of ideas isn'tperfectly efficient or perfectlyrational Last stated 2 years ago 8 Jun 2024 DH David Heinemeier Hansson — holds since 2024-06-08 — tap for who they are Same subject: Buying in the cheapest market and selling in the dearest can never be a principle of national economy — tap to centre the map on it Buying in the cheapest market andselling in the dearest can never bea principle of national economy JR John Ruskin — holds since c. 1860–1862 — 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 The market is not magic; it works where property rights are defined Last stated c. 1980 Holds Thomas Sowell Read this korrent →