Earlier quoted context omitted.
I'm curious how you know what most people think?
Sort of like my dad, a professor of finance, who had a student remark to him "I didn't know there even was a case for free markets!" I get similar responses. Sometimes I feel like I'm the only person on HN who understands how free markets work. For example, most people would say that hard work leads to success. This is incorrect. It's creating value that leads to success. I very rarely hear the latter, in fact, prett…
No. You need to also be in a position to capitalize on it. There also has to be no value add involved. You can profit from destroying value ...