Source: Ludwig von Mises Institute
by Claus Wiemann Frølund
“Critics of markets often argue that capitalism systematically fails consumers. Firms collude, corporations exploit their power, and powerful companies crush competitors. But there is a curious pattern in these critiques: regardless of what actually happens in the marketplace, the outcome is treated as proof that markets are broken.” (03/24/26)
https://mises.org/power-market/heads-i-win-tails-you-lose-when-every-market-outcome-called-failure