Difference between revisions of "Consumers Are At A Disadvantage In Markets"
From Critiques Of Libertarianism
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[[Category:Markets]] | [[Category:Markets]] | ||
+ | [[Category:The Financial Industry]] | ||
{{DES | des = Consumers are generally amateurs attempting to compete with professionals. The professionals use a wide variety of psychological tactics to maximize the money extracted by misdirection, hiding information, and fostering irrationality. Regulations can alleviate this problem. | show=}} | {{DES | des = Consumers are generally amateurs attempting to compete with professionals. The professionals use a wide variety of psychological tactics to maximize the money extracted by misdirection, hiding information, and fostering irrationality. Regulations can alleviate this problem. | show=}} | ||
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