All Trade Is Fair
By David Holcberg (Wall Street Journal, June 21, 2004)

Every trade between two parties is fair, as long as no fraud is involved. There is no such thing as unfair trade. Trade implies a voluntary exchange, and only people who think they will be better off by trading will do so. Paying or receiving the market price for goods is neither unfair nor unreasonable.

Reprinted with permission of The Wall Street Journal © 2004 Dow Jones & Company, Inc.  All rights reserved.

  

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