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Travel involves real costs: flights, hotels, transport. How would you arrange a system where travel is allocated to everyone regardless of wealth?
by 9nGQluzmnq3M 7y ago
Travel involves real costs: flights, hotels, transport. How would you arrange a system where travel is allocated to everyone regardless of wealth?
- dredmorbius 7y agoSetting the price of a limited, nonfungible, price-inelastic good according to demand is the very definition of rent-seeking. There are, of course, alternatives to top tourism destinations. But allocating access to the top destinations on price alone, and where that price does not relate to underlying costs, strikes me as the essence of unfairness.