> My question isn't on the economics, to be honest No, your question isn't, mine is. I still don't really know what "Econ 101" (i.e., basic) market failure you

> My question isn't on the economics, to be honest No, your question isn't, mine is. I still don't really know what "Econ 101" (i.e., basic) market failure you're talking about. Can you explain like I knew enough jargon to understand an Econ 101 explanation but slept through that one lesson? Intrinsic economies of scale producing oligopolistic structures in insurance – I've seen that mentioned as a market failure, but it would be strange to fix a tendency towards oligopoly by legalizing it into a total monopoly, no? So you're not talking about that.