4 ms·
That's like saying making drugs illegal produces the correct incentives to stop the drug trade. Companies and consumers will break the law to bypass any artific
by mshake2 4y ago
That's like saying making drugs illegal produces the correct incentives to stop the drug trade. Companies and consumers will break the law to bypass any artificial market inefficiency, and it will produce a thriving black market. Why would I pay $50 for a pack of hamburgers when I can get it for $10 from a black market butcher?
- BHSPitMonkey 4y agoHaving waved my magic wand, the black market butcher can't afford to sell his meat that cheaply without losing money on the sale—and besides, why undercut the going retail rate by so much more than he needs to?