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It is shocking how many people will ignore the fact that health care and pharma in the U.S. are nothing like the toy models taught in econ 101, or an actual fre
by _jal 9y ago
It is shocking how many people will ignore the fact that health care and pharma in the U.S. are nothing like the toy models taught in econ 101, or an actual free market for that matter, but pretend that they are in order to defend rent seeking.
- saas_sam 9y agoI haven't seen anyone arguing that health care in the U.S. is in anything resembling a free market... Have you actually ever seen that, or did your fingers/heart get ahead of your brain there? ;-)
- Dylan16807 9y agoYour first comment is clearly calling those toy models (of supply/demand in free markets and econ 101) relevant to this situation, which is healthcare in the US. Don't play games with wording. Especially when you can remove the clause containing the words "free market" without changing the meaning of the comment. "It is shocking how many people will ignore the fact that health care and pharma in the U.S. are nothing like the toy models taught in econ 101, but pretend that they are in order to defend rent seeking."