Uh? Price control is incredibly stupid and never worked whenever it was attempted. There's no "flawless system", it's just that price control is pretty much retarded. I'm not even being controversial: there's pretty much a consensus amongst economists that price controlling practices never accomplish what they intended to do and should generally be avoided. Is that the nasty reality you're talking about?
Of course there is a consensum among (capitalist) economists that price controls are incredibly stupid! In real-life of course price controls work very well for most people (hence why they exist), lifting millions out of poverty but are hurtful for the minority of shop owners whose interests being a minority are pretty much never taken into account in setting the prices, they would be better off if they were able to sell at the invariably higher price they would like to sell at. The problems that exist are a predictable result of resistance to the system by which said owners find criminal means to get around the rules, for instance taking goods off shelves, smuggling them into warehouses, creating a shortage and then selling the goods on the black market. The economists then take note of their efforts and then ascribe what is the result of deliberate human activity to mystical 'laws of economics'; if all shops obeyed the law there would be no economic problems with price controls.
A price is set by human beings, not by a magical force. There is therefore no difference between a government setting the price for something and a private shop owner doing so, in either case a human being is setting the price according to what they know. What we have here is a power struggle, the government power is overriding the power of the shop's owners in order to serve broader social interests than the shop itself would naturally serve. The shops do not like this for two reasons, the first is the material reason above mentioned and the second is an ideological reason, it threatens the whole concept of a 'private sector'
objectively existing seperately of a 'public sector' and reminds of them of a threatening truth; that they 'own' everything they have solely by writ of government law and it could be given to another at the stroke of a pen. As I like to say.
"Economics is merely the smoke rising from the political fire".What having a flawed system and not having a means to manually override it means is that we are basically enforcing a constant stream of dwarf sacrifices for the sake of an economic system. Think Aztec Pyramids just with an economic system being the god.
What you are saying is that you can invent a magical flawless system of supply and demand that is never going to go wrong simply by eliminating certain nasty realities that you do not like.
Uh? Price control is incredibly stupid and never worked whenever it was attempted. There's no "flawless system", it's just that price control is pretty much retarded. I'm not even being controversial: there's pretty much a consensus amongst economists that price controlling practices never accomplish what they intended to do and should generally be avoided. Is that the nasty reality you're talking about?
He provided a source for himself. You might want to read through it.
Nobel prize winner Milton Friedman said "We economists don't know much, but we do know how to create a shortage. If you want to create a shortage of tomatoes, for example, just pass a law that retailers can't sell tomatoes for more than two cents per pound. Instantly you'll have a tomato shortage. It's the same with oil or gas."
"Controls blamed for U.S. energy woes", Los Angeles Times, February 13, 1977, Milton Friedman press conference in Los Angeles. For your Citation.
Also, what's wrong with Private shops?
I am rather unlikely to take any notice of the word of an extremist Capitalist economist like Milton Friedman. Maybe we just should rename DF Libertarian Fortress, the game where the player does not play at all but instead passively watches dwarves starve to death for the greater glory of the Free Market.
What is wrong with Private shops is nobody has a reason in the present DF setup to create them; a single fortress owned shop would serve the whole fortress perfectly fine with no actual complications, it is afterall a group of only 200 people.
@ GoblinCookie: I meant that more as I almost always see stuff like that to be far too great a scale for us to care on the Fortress level. I'm more in favor of a simplified version of supply and demand based on preference and shop owners having that thing for sale. If they have a lower laziness trait, if they want something they may just buy the materials from the Mayor or Noble in charge and make the thing they want themselves, while lazier dwarves would prefer to wait until a shop owner or caravan has the item for sale.
As to shops, you have to facilitate buying and selling in some manner, and people usually use stalls or small shops to sell more than a tiny handful of things at a time (I can actually use modern stuff for an example: you average person may use craigslist or eBay to sell a single console or a small number of them, but if they owned a store, they could bulk order the things and potentially sell dozens or hundreds of consoles.)
If anything, it more acts as a place to put all the items a shop owner may have bought to sell for a profit so they don't have to store them in thier room (if they have one with usable storage,) or carry them on thier person. It wouldn't be a perfect system by any stretch, but it may work slightly better than before.
If you want individual dwarves to have money and buy things, you have to have a defined set of personal demands that your dwarves have or else they cannot save up surplus money nor can they decide between spending all their money on one hugely high-quality item and buying a whole set of low-quality items that includes a low-grade version of that item.
Shops have a role of course, but I was specifically talking about privately owned shops. Really all we need is a shop where we sell/buy from our dwarves, a bank where we pay them their wages/they store their money and a marketplace where individual dwarves sell surplus personal items.