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> Their good government policy would be doing nothing, which wouldn't help poor families get formula either. Sure it would. If baby formula were unregulated th
by bradleybuda 4y ago
> Their good government policy would be doing nothing, which wouldn't help poor families get formula either.
Sure it would. If baby formula were unregulated the price would be lower - this is obvious on its face. It would also (probably) be riskier, and the trade-off might not be worth it, but it would be cheaper.
We systematically underestimate how much poverty is worsened by regulation that increase the prices and/or reduces the availability of goods. The left has finally gotten religion here on housing ("YIMBY" just means "deregulate construction in order to drive down prices") so maybe there's hope.
- fragmede 4y agoWe are all worsened if the cheap baby formula has a 20% chance of killing your baby.
- sorethescore 4y agoCheaper but deadlier doesn't sound like a very good tradeoff when talking about infants.
- CPLX 4y ago> If baby formula were unregulated the price would be lower - this is obvious on its face This isn’t obvious at all. One steady state condition that occurs without regulation is a predatory monopoly and price gouging. And we aren’t even talking about fraudulent or harmful products reaching the market. No regulation just leads to a mafia state. Nobody wants it.
- specialist 4y agoWhat are some examples of CPG unregulated less expensive products?