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Comments like this miss the point. Literally every "shortage" regarding any good in the world follows the same pattern you described which is "well it is a jus
by stale2002 3y ago
Comments like this miss the point.
Literally every "shortage" regarding any good in the world follows the same pattern you described which is "well it is a just a shortage at this low of a price. If price increases then there wouldn't be a shortage!"
So you describing literally every shortage ever for any good, but doing it in this weird moralizing way isnt particularly useful.
- iraqmtpizza 3y agoThere are no 50-plus-year skill shortages in market economies. The point is that there is lying going on. Which is not surprising, but that doesn't mean it's not the primary problem or that it somehow goes without saying. It needs to be said early and often. If you redefine shortage to mean literally anything that people wish was cheaper, then it becomes entirely detached from reality and economics. But if you think it's the appropriate definition, then let's make sure everyone is on the same page. We don't want half the population thinking that shortage means something acute, negative, and resolvable.