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Right, but if you give the refugees freedom of choice in which residential centre they reside, market forces will eliminate poor providers. If you don't give th
by madaxe_again 11y ago
Right, but if you give the refugees freedom of choice in which residential centre they reside, market forces will eliminate poor providers. If you don't give them choice, regulation is necessary, as you say, but you're then back in the realm of self-perpetuating quangos, as you say.
- TeMPOraL 11y agoNo, market forces will not eliminate poor providers. It may eliminate those who try to beat the market and drop their quality too quickly, but as the options to cut costs are exhausted, everyone will be pushed down to the minimum quality level they can still get away with selling. Regulation can be an effective way to establish a border below which the quality won't drop, thus making the market solution potentially desirable.