the.com/market
a place where strangers agree on prices nobody fully controls and everybody pretends to.
means A place or system where buyers and sellers come together to trade goods, services, or money, with prices set by their collective haggling and demand.
from From Latin 'mercatus,' meaning trade or marketplace, from 'mercari,' to buy or trade — itself rooted in 'merx,' merchandise or wares. The same Latin source fans out across Europe into French 'marché,' Italian 'mercato,' and Spanish 'mercado.' It's also a cousin of words like 'merchant,' 'commerce,' and even 'Mercury,' the Roman god of trade and tricksters — fitting, perhaps, for a place built on bargaining.
- origin
- From Latin mercatus, tied to Mercury, god of trade
- oldest
- Çatalhöyük traded obsidian over 9,000 years ago
- invisible hand
- Adam Smith used the phrase only thrice
- animal
- Wall Street's bull and bear date to 1700s slang
- flash crash
- In 2010 markets lost a trillion in minutes
tokyo tsukiji outer market — world's largest fish market handling 1,600 tons daily in tokyo, japan
pike place market — historic public market in seattle established 1907, famous for fish throwing
marrakech jemaa el fnaa — massive open-air marketplace in morocco's medina with food stalls and performers
hong kong ladies market — street market in mong kok operating since 1970s, specializing in women's clothing