Have you ever driven down the freeway and while looking at all the cars thought, 'Wow! This is an excellent example of free market economics at work!' Of course you haven't. That would be wierd, and it was exactly the thought I had while traveling back from Raliegh with my friend.
There are so many cars, and so many destinations, some destinations lots of people go to, and others are rarely ever visited, but somehow everyone gets to go exactly where they want to go. Its like magic! Without any grand coordinator or complex government run traveling system, people get where they need to go.
Instead individuals supply themselves with their own cars and depending on where they want to go buy gas, repairs, and meal plans. They plan their personal paths on their time, not on a time set by another, but one that specifically works for them. This is a surprise reflection of the free market system. Replace locations with products and you'll see it!
Individuals buy what they want, and those supplying their products produce what they need.
Of course its not a perfect analogy, but it is there. I'd love to see yalls thoughts on this comparison. And next time your traveling the roads, maybe you'll have a wierd economic thought like me 😆!
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Even the mistakes are useful, there are accidents and sometimes they are tragic but most of the time plans work out and we do not stop driving or give up our cars but acept that life is imperfect and no system will fix that so we go for the one with the trade offs we are willing to accept.