&gt; This is why the free market is so great.<p>I feel like I should just make this my email&#x2F;social media signature since I say it so often:<p>A perfect requires these things:<p>- Perfect market information<p>- No participant with market power to set prices<p>- Non intervention by governments<p>- No barriers to entry or exit<p>- Equal access to factors of production<p>- Profit maximization<p>- No externalities<p>The less you have those, the less efficient your market is. &quot;Free markets&quot; aren&#x27;t these magical things that arise on their own in nature. They are carefully crafted and maintained artificial environments and most are far from efficient.<p>Market forces are not a silver bullet that will solve all problems if we just sit around and wait long enough for the invisible hand to do everything.