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You're right that governmental attempts to artificially make things more affordable ends up blowing up the costs. For example in the US, education and health ca
by mindcrime 6y ago
You're right that governmental attempts to artificially make things more affordable ends up blowing up the costs. For example in the US, education and health care.
The "Law of Unintended Consequences". This constantly trips up well-intentionend people who support government interference in markets. Their goals are noble, but quite often the outcome is the exact opposite of what was intended.