Thursday, June 8, 2023

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    The unwritten rules get written

    …when someone decides to selfishly push.

    There’s an assumption of civility and fairness in all of our interactions. When a harsh competitor unilaterally breaks unwritten rules (because it’s “not technically against the rules”) the community then writes down a new rule.

    The best way for a market to be a free market is for the participants to exercise self-restraint.

    The second best way is for clear and useful rules to be stated and enforced.

    What doesn’t work are unwritten rules that are often broken by selfish bullies.

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