You make wrong assumptions about me.
"...a mechanism or law or principle that ties prices to scarcity. In that sense, there IS a Law of Supply and Demand. "
You have finally acknowledged what I have been trying to say all along. Thank you.
I have NEVER said that the S&D equilibrium point is some perfect point determined by god, like many free market fundamentalists do. It is the most efficient point economically, but it fails to meet the needs for human social justice. That's where regulations are absolutely necessary.
