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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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# ¿ Jun 17, 2017 17:07 |
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# ¿ May 14, 2024 17:56 |
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When the government pays for all healthcare, it has overwhelming leverage to set prices.
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# ¿ Jun 17, 2017 17:24 |
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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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# ¿ Jun 18, 2017 04:21 |