Archivi tag: garage owners

My idea of the crisis

If you want to try to understand the crysis of the free market economy, let start giving a look in yoour neighbours. Near my home, for istance, there two or three garages, always showing the notice “Car parking fot rent”. I’ve seen them the first time a couple of years ago, so they are never full. But they don’t want to decrease they prices. I’ve called two of the owners: your garage is empty because you claim an absurd bunch of money. Why don’t you lower your rate, I’ve asked them. They invented different excuses: the maintenance cost, the inflation. The truth is that the free market doesn’t work: if the demand is low, the price still remain high. And nobody buy.
The garage owners prefer not to take anything, than take less: because they dream to take more. And is that dream the inside evil of the free market economy.