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> The idea of a market works if it costs ~0 to enter a market, consumers have an infinite access to knowledge and infinite time to make a decision BUT make it in 1s when at the store, and also enough money so as to not be a problem. Basically, consumers have all the power and vendors have none.

I keep trying to communicate this whenever people are attempting to manifest an Invisible Hand to control bad behavior. More people need to be aware of this.

I like your succinct point. I wish there was something so short and understandable for an even fuller picture. Like including that for a marked to price things in a way that works for societies, consumers need to choose long term over short term gains and that the price needs to not make economic externalities of human rights or destroying the climate.



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