>>The fair way to set any price is supply and demand.
Actually, there's nothing fair about using supply and demand to set price. Nor does economics make any such claim. What you're thinking of is efficiency. Resources are allocated most efficiently based on a (perfectly) free market system (which of course doesn't exist, but that's a whole other topic).
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>>The fair way to set any price is supply and demand. Actually, there's nothing fair about using supply and demand to set price. Nor does economics make any such claim. What you're thinking of is efficiency. Resources are allocated most efficiently based on a (perfectly) free market system (which of course doesn't exist, but that's a whole other topic).