Thursday, August 20, 2026

Economics 101 at the Dupont Circle Farmers Market

By Jonah Goldberg

Wednesday, August 19, 2026

 

Forgive a little institutional and collegial salesmanship. The first edition of Michael Warren’s new newsletter, Next Right, is out. You can read it here and sign up for it here. The headline of the first edition: “Brian Kemp Doesn’t Apologize for Free Markets.”

 

I’m not going to punditize about the newsletter—yet—but I thought it might be interesting to use it as a jumping-off point.

 

So, obviously, we should talk about the Dupont Circle farmers market, a popular haunt for many of D.C.’s hipsters, bougies, and other folks who, I think it’s fair to say—with no aspersions intended upon them or upon the outgoing governor of Georgia—are not what you’d call part of Kemp’s core constituency. I haven’t done any polling or canvassing, but I’m fairly confident that supporters of the Democratic Socialists of America (DSA) are at least overrepresented among its patrons. That’s just my guess, based on the various Bernie bro T-shirts, NPR tote bags, and ideologically redolent hats worn by folks buying baked goods, organic produce, empanadas (so many empanadas!), and macrobiotic teas and the like.

 

Now that I live nearby, many Sundays, I walk down to the market to provision for breakfast, which I bring back home so the Fair Jessica and I can yell with our mouths full at the Sunday shows.

 

The market opens at 8:30 a.m. But many vendors get there hours earlier to set up. Customers get there early, too, lining up to get the first pick of the various offerings and waiting for the starting bell. That’s not figurative. No one is allowed to buy or sell anything until 8:30, when a woman walks through the stalls ringing a cowbell.

 

Freshfarm, the nonprofit company that runs the market, is very clear about this rule: “Don’t shop before the bell rings. Opening times exist for a reason. They give market staff, farmers, and producers time to set up and be prepared, leveling the playing field for everyone. Trying to shop before the opening bell is the farmers market equivalent of banging on a store’s locked door at 8:55 a.m. when it doesn’t open until 9:00 a.m. Not a great look.”

 

I don’t love Freshfarm’s list of “Dos and Don’ts” for shoppers. It’s got a nannyish lifestyle nudgery tone to it. “Don’t bargain,” it tells us. “Farmers price their goods based on what it actually costs to grow, harvest, and haul everything to market. Prices are set and displayed accordingly. Farmers have no interest in haggling, and pressing the point will only make everyone uncomfortable.”

 

“Don’t complain about prices out loud. If something costs more than you expected, use your inside voice.”

 

I thought this was America.

 

Still, I’ve been noodling on that starting bell. Is it fair? Is it free (market)? I can see it both ways. On one hand, it prevents merchants with more entrepreneurial initiative from meeting a market demand. If you’re willing to get set up early, why shouldn’t you be able to meet the early rush?

 

Of course, a more “laissez-faire,” first-come, first-served policy would give an advantage to sellers closer to D.C. Some vendors drive from far-off Pennsylvania or West Virginia. Others hail from closer locations in Maryland or Virginia. Shorter distances mean lower fuel costs and later start times for nearby vendors, which is already a competitive advantage in terms of both labor costs and overhead.

 

I don’t want to do a Harvard Business School case study, so I’ll skip ahead.

 

If you think about it for five minutes, having a uniform start time is more “fair,” but it’s less free for both buyers and sellers. Obviously, it’s not a very big deal. No one is compelled to buy or sell at the market, and Freshfarm is free to set up whatever rules it wants, within certain limits. Letting it set the rules of the game and “level the playing field,” as it puts it, is another kind of fairness and freedom.

 

The reason I bring this up is to simply illustrate a point. The free market—however you define it, and boy, do definitions vary—is an artificial or “social” construct. The Dupont Circle farmers market is a small construct sitting within a larger one. The District of Columbia gives Freshfarm permission to close off streets. It provides police protection. It, along with federal law and the Constitution, creates the conditions that make the whole thing possible.

 

There are libertarians and anarchists who might roll their eyes at this. Just make it legal to sell what, when, and where you want and let the spontaneous order of markets handle the rest. I’m sympathetic to some of the philosophical instincts behind such complaints. But the starting bell is a creation of the spontaneous order, too.

 

I certainly think D.C. would be much better off if it moved more in the direction of the libertarians. But there’s really no escaping the fact that markets—free, partly free, or heavily regulated—rely on the state for their existence to one extent or another. If a vendor starts selling at 8 a.m., they’re in violation of their contract. Who, in the end, enforces that contract other than the government?

 

Public markets and private enterprise.

 

Indeed, the history of public markets is a fascinating (to me) story of government intervention, mostly for the good. For thousands of years, public markets were the result of government policy. From ancient Rome to medieval Europe to the Progressive Era, public markets have been a government program of sorts. Heck, the Soviet Union probably would have collapsed in its infancy were it not for Vladimir Lenin’s New Economic Policy, which allowed peasants to start selling stuff for profit.

 

In late 18th- and early 19th-century Philadelphia, public markets were a vital source of commerce. But they were heavily regulated. Prosperous customers were allowed first dibs on the wares and produce. Then, two hours after opening, another bell would ring, and “hucksters” were allowed to buy stuff and hawk it on the street. “Huckster” back then was still a bit of a pejorative, in a snobby class sense, not the more “grifter” connotation it has today. American hucksters were poor, disproportionately female, and black, and bought stuff and then resold it at a profit, sort of like the free-range umbrella sellers in New York City ($2 when the sky is clear, $20 when it rains). The restrictions on hucksters led to a satirical updating of the War of 1812 slogan “Free Trade and Sailors’ Rights” to “Free Trade and Hucksters’ Rights.”

 

This sort of huckstering, buying goods only to resell them at a profit, was disparaged and despised by elites for millennia. In medieval Europe, the guilds wanted to protect their monopolies, and hucksters and entrepreneurial middlemen screwed up their business plans. The powers that be kept such things at bay until the liberal reforms of the Enlightenment started to kick in.

 

Justus Möser, a German jurist and defender of the old guild system, is considered by many to be the founder or greatest defender of German conservatism during the Enlightenment. When I call him a conservative, I mean it. But the integral moral order he was trying to protect against the pernicious rise of “liberalism” included a rigid guild system and even serfdom. If I’m being too subtle, this is not my conservatism and it’s not American conservatism.

 

Möser was fine with commerce, if it was confined to artisans and guilds made up of decent citizens of “noble birth” (he railed against “bast–ds” being admitted to guilds). He was an anti-globalist in that he detested the rise of international trade. He saw cross-border trade as destabilizing traditional customs and roles—and he was right! Indeed, Möser was a defender of tradwives centuries before Instagram.

 

Möser, Jerry Muller writes in his indispensable The Mind and the Market:

 

argued against weekly local markets on the grounds that they would draw women and children away from the ‘bourgeois tranquility’ (bürgerlichen Bequemlichkeit) of the home and into the marketplace, where they would chat and waste money on snacks and pleasantries, while ignoring their household duties. Once again, the market was portrayed as the destroyer of custom and tradition.

 

Möser’s argument was a forerunner of J.D. Vance’s obsession with cheap goods undermining his nostalgic vision of industrial America. “Fashion”—Möser’s disparaging term for consumer desire for better products—became “the great pillager of provincial towns.”

 

The people Möser hated the most were traveling salesmen, the hucksters who bought fancy new wares in the cities and brought them in wagons to the hinterlands. Beating the Frankfurt School Marxists by two centuries, Möser argued that such peddlers made provincials crave novelty and fashion, turning “luxuries” into fake necessities. The peddlers—mostly Jews—were undermining the “good morals” of the peasantry, who should be content with the same wares the guilds churned out for their parents and grandparents.

 

“What were these pernicious but tempting goods to which the peddler exposed unsuspecting peasants and their wives?” Muller asks. “Silk kerchiefs, linen from Flanders, leather gloves, wool stockings, metal buttons, mirrors, cotton caps, knives, and needles. These are what the defenders of customary consumption regarded as luxuries.”

 

I don’t want to shock anybody, but Möser’s contemporary Adam Smith saw things differently. He regarded prohibitions on internal commerce in general, and particularly the buying and reselling of goods, especially grains for profit, as superstitious folly. “The popular fear of [such practices] may be compared to the popular terrors and suspicions of witchcraft,” he wrote. Such regulations hampered the distribution of goods and services where they were needed, by trying to outthink the market. Oh, and Edmund Burke, the titular father of Anglo-American conservatism, agreed with him, successfully pushing for repeal of regulations on middlemen and other resellers.

 

So what’s the point of all this?

 

Well, a lot of things. First, there’s a lot of talk of the common good these days. Commerce and trade are integral to the common good. And as silly as I think J.D. Vance, the DSA, and their various defenders can be in their preferred economic policies, we should concede that nobody disputes this. All of the disputes from Möser or Lenin to Smith and Burke or the DSA and Vance are about where you draw the lines. I think making life more affordable is an indispensable component of promoting the common good.

 

Second, it’s just worth pointing out to the culture warriors of the left and right that commerce has been a central part of our culture for a very long time. The founders, after all, thought commerce was central to their way of life, and launched a revolution in no small part because of that view.

 

Third, on the left there’s a lot of dumb talk out there about how anything “good” the government does is evidence that “socialism” is good. So therefore the government should take over more sectors of the economy to do more good/socialist things. Publicly financed roads and police forces are, in their telling, “socialism” (the police thing is particularly weird, given that the socialists have, until recently, vowed to defund the police, which would result in more private police).

 

On the new right there’s a lot of similar—though not identical—talk about how the “common good” is best served by the government overruling the free market toward some preconceived notion of superior economic and cultural arrangements. J.D. Vance’s grudge against the dollar as the world’s reserve currency is grounded in a producerist theory of political economy. The little people don’t need cheap toasters, my people need jobs in expensive American toaster factories. Or something. What both views share is the belief that the job of the government is to outthink the market.

 

Another interesting similarity: Both sides have a bizarre notion about unfettered capitalism. For Vance, Tucker Carlson, et al., that’s what we had until the Trump era. For the DSA crowd, that’s what we have now. Both perspectives are preposterous.

 

What both views miss, or at least overly dismiss, is that belief in the free market is not at war with the idea of a good government or a common good. Again, the free market—however you define it—needs some government. But the role of government is to create the conditions necessary for a free market, not to dictate the outcomes of the market. The “level playing field” of the Dupont Circle farmers market is a useful analogy.

 

The philosopher Michael Oakeshott distinguishes between two kinds of “association.” In a civil association, people are bound together by common rules but not by a common purpose. In an enterprise association, people cooperate to achieve some shared goal. Baseball provides a useful, if imperfect, analogy. The Yankees, Dodgers, Reds, et al., are enterprise associations: Each organizes itself around the purpose of winning. But the rules under which they compete have something of the character of civil association. Major League Baseball sets rules that apply to all the teams and penalizes violations, but—at least in principle—the rules do not specify which team should win. Each team pursues that goal for itself. If the league starts manipulating those rules to ensure that certain teams win, it ceases merely to establish the conditions of competition and begins using its authority to pursue a substantive outcome.

 

The American constitutional order and its understanding of the market are supposed to be closer to a civil association. It’s not “morally neutral.” The rules reflect some profound moral commitments, but the rules are supposed to be universal and fair to everyone.

 

Donald Trump cannot grasp this idea. He takes stakes in companies and picks winners and losers for self-serving reasons. Vance’s theories have more philosophical heft, but they amount to the same thing. The Democratic Socialists’ vision is even more cockamamie. If they ran Major League Baseball, more diverse teams would probably get extra points. But what they all share is the idea that the market isn’t something you set up to do what markets do; it’s something you manipulate for a desired result. That’s because they all share the idea that the nation is an enterprise association. I don’t think that’s a terrible conception in some circumstances—again, we’re all in the line-drawing business. We all want what’s best for America. During World War II there was nothing wrong with talking about America as a unified enterprise fighting for victory.

 

But the American conception of the common good isn’t predicated on everyone and everything working together toward a single goal like we’re in a total war. The American idea of the common good is enmeshed with the moral conviction that liberty is a prerequisite of the pursuit of happiness. The founders understood that a consensus that satisfies everyone’s individual definition of the good is impossible. So, they wrote a constitution that defined the common good as a playing field that lets people and communities pursue their own definitions of the good. There are limits. You can’t murder or rob your way to your own personal definition of the good. But within the rules, you can do, say, buy, sell, worship, however you want.

 

In this sense, the free market of goods and services is just an outpost, like the Dupont Circle farmers market, of a larger market of even more meaningful choices—where and how to live, what to think, believe, and say.

 

If the people running the government at any particular moment don’t like what that larger free market produces, that’s too bad. Barring some really, really, really good (legal, constitutional, and democratically agreed-upon) reason, there’s supposed to be nothing they can do about it save argue against it at election time or in a court of law. Indeed, the primary job of the government is to protect the liberties of the people to do what they want and live how they want, not to make them want the right things. And no one should feel obliged to apologize for that.

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