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Doc Hawkins
Jun 15, 2010

Dashing? But I'm not even moving!


Existing laws and coordination costs.

There is inelastic demand for being fed, but not for "food": people will spend more or less on it in different circumstances, and will change what they eat in response to prices. Further, I don't see how collusion could be effective in a market as big as "food," much less secret. Maybe only for certain commodities, but again, we have laws for that.

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Doc Hawkins
Jun 15, 2010

Dashing? But I'm not even moving!


When the government pays for all healthcare, it has overwhelming leverage to set prices. :confused:

Doc Hawkins
Jun 15, 2010

Dashing? But I'm not even moving!


I think it's fine to fear that anti-trust legislation is no longer effective, just that it isn't a valid objection: if it's a problem, it would be a problem no matter what life-saving social programs we do or don't put into place.

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