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Both are markets heavily distorted by the federal government. That's one way to look at it. Another way to look at it is that those "markets" are fundamentally
by ultraluminous 9y ago
Both are markets heavily distorted by the federal government.
That's one way to look at it. Another way to look at it is that those "markets" are fundamentally distorted by the in-elasticity of demand. People generally need education and healthcare.
Coincidentally, that's the way almost all of the non-US world chooses to look at it.