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David Korten - The first principle of the market...

The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price. (David Korten)

The first principle of the market economy is that it is comprised of many small buyers and sellers, which implies a substantial degree of equity. Another fundamental market principle is that costs are internalized in the producer's price.

David Korten

Related topics

degree economy equity fundamental market price principle small substantial sellers costs

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