Question

what is the role of equality in markets

Answer 1

A bad decision in a free market can produce a huge loss.

An unwise offer will sometimes be accepted.

A desperate seller may be forced to accept a very low price.

Some people are foolish buyers.

Others are foolish sellers

Some people are not as clever as others.

People with rare skills can achieve higher pay than others.

People who do not use their skills and capital may find themselves in poverty.