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Dead weight losses occur in the case of distorting subsidies/tariffs or one side of the equation is a monopoly. I don't see the relevance to Brexit's effect on
by crdoconnor 9y ago
Dead weight losses occur in the case of distorting subsidies/tariffs or one side of the equation is a monopoly.
I don't see the relevance to Brexit's effect on the job market.
- rusk 9y agoOf course you don't, because you only know the term from reading the Wikipedia article.
- crdoconnor 9y agoTo rephrase: it's completely irrelevant and I think you're now dimly aware of that. This is likely why you did not ever attempt to explain its significance and responded with a facile insult when I alluded to its irrelevance.