What is called a black market is the result of a failed attempt to avoid a market.
One of today's news items was about a so called 'black market' in tickets to Olympic events.
Had tickets been auctioned there would have been no black market and the proceeds would have been greater diminishing the final loss (or increasing the profit, in the unlikely event of there being a profit).
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Miscellaneous thoughts about anything, either topical or not, that arouses my interest.
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