No, no, no. To a free market apologist, there's no such thing as inelastic demand. Every item is a completely optional luxury item that you can choose to walk away from without consequence. Nothing is ever a Hobson's…
No, no, no. To a free market apologist, there's no such thing as inelastic demand. Every item is a completely optional luxury item that you can choose to walk away from without consequence. Nothing is ever a Hobson's…