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Updated: May 13, 2025
He wore grey trousers, heavy boots, and a dark cut-away coat, up the back of which a line of caked mud had deposited itself. On his head was a bowler hat. "How do, Jos?" cried a couple of boys, cheekily. And then there were a few adult greetings of respect. It was the hero, in haste. "Out of it, there!" he warned impeders, between his teeth, and plugged on with bent head.
But, strikingly, some of the inefficiencies are the direct outcomes of the activities of "non bona fide" market participants. What characterizes all those "market impeders" is that they are value subtractors rather than value adders. Others refuse to accept the self interest of other players as their limit. They try to maximize their benefits at any cost, as long as it is a cost to others.
Who art thou, who will impede this work, or shall be able to impede it, seeing God will have it forward. It is impossible for thee to impede it, in these three respects: 1. In respect of the work itself. 2. In respect of the workers. 3. In respect of the impeders. In respect of the work itself. It is God's work; for the house is His, and He is in it.
A vicious cycle ensues: the body economic gives rise to parasitic agents who thrive on its imperfections and lead to the amplification of the very impurities that they prosper on. We can distinguish six classes of market impeders: Crooks and other illegal operators. These take advantage of ignorance, superstition, greed, avarice, emotional states of mind of their victims to strike.
Wherefore, "Who art thou, O great mountain" before God's people, that thinks to impede such a work? In respect of the impeders: what are they but men, and wicked men, as ye may see in the adversaries of the Jews. Who are they that impede our work?
The last type of market impeders is well known and is the only one to have been tackled with varying degrees of success by governments and by legislators worldwide. These are the trade restricting arrangements: monopolies, cartels, trusts and other illegal organizations.
That which has no information presence might as well have no real life existence. An entity person, group of people, a nation which does not engage in structuring content, providing and disseminating it actively engages, therefore, in its own, slow, disappearance. Market Impeders and Market Inefficiencies By: Dr. Sam Vaknin
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