[ppml] ripe-55/presentations/bush-ipv6-transition.pdf
Geoff Huston
gih at apnic.net
Sat Oct 27 05:50:41 EDT 2007
Ted Mittelstaedt wrote:
> I agree - and furthermore, there IS NO SUCH THING AS AN OPEN MARKET
>
> A truly open market is one in which there was NO recourse to the
> government or courts if someone fails to uphold their end of a
> contract - or anything else - because, after all, in an open market,
> if someone fails to uphold their end, their reputation will cause the
> rest of the players in the market to avoid them, in which case they
> will go out of business.
>
This assertion confuses the terms "free market" and "open market"
You may find that wikipedia could help you here with a quick primer on
basic terms related to characteristics of markets.
I'm sure there are many related entries, but you may find
http://en.wikipedia.org/wiki/Free_market helpful here.
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