3 ms·
> there is not a single thing in the economy that is immune from the laws of supply and demand As a sibling comment noted, this doesn't happen in countries whe
by zorpner 7y ago
> there is not a single thing in the economy that is immune from the laws of supply and demand
As a sibling comment noted, this doesn't happen in countries where there are existing single payer systems, so your analysis is trivially disproven by example.
Additionally, this presumes the content of "the laws of supply and demand" -- what's the nature of supply when consumers cannot choose between competing providers? What's the nature of demand for a product that people require to survive? These are not standard parameters, and to assert that they can be understood with simple demand curves is disingenuous at best.