FBO (Mercury Air) doubling hanger rent to run off GA at BHM.......is this legal?

"Mike Rapoport" wrote in message
...

"Tom S." wrote in message
...

"Mike Rapoport" wrote in message
...
I agree that it not a completly free market. To be completely free
there
need to be an infinate number of buyers and sellers.

That is NOT what defines a "Free Market". A free market is defined as
the
parties have full freedom to contract/trade for goods and services. It
has
nothing to do with the number of participants (only two or more per
transaction) or the limits of the knowledge or intelligence...only that
the
trade is entered into freely and willingly.


Yes, that is one of the characteristics of a perfect free market. There
needs to be enough buyers and sellers so that no one individual buyer of
seller can influance the market.

Nope (again). First, it doesn't matter if there's a million buyers or none.
Second, it doesn't matter how many SELLERS there are. If there's NO buyers,
it's the market saying "Your price/product sucks", and if there's one seller
(other than for a patented item) there can be noe barrier to entry for
competitors.

I don't know where these notions of a "free market" come from, but I suspect
it's the public schools/academia.



However the supply is
clearly limited (based on what the community wants)

That's a form of socialism.


Actually it is democracy.

And a democracy (which we're not) can very well be socialistic.



and the price should be
left to market dynamics IMHO.

That's a "market" system, but not necessarily a "free market".


True

Personally I would suggest to anyone living in MA that they move if
flying
is an important part of their life.

I would suggest moving from MA in ANY case. :~)


The striped bass fishing can be pretty good.

No monopoly there.

Mike
MU-2