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> You're saying the market is a zero sum proposition. No, I don't need to assume that. Although of course short-term, production is a zero sum proposition. >
by js8 3y ago
> You're saying the market is a zero sum proposition.
No, I don't need to assume that. Although of course short-term, production is a zero sum proposition.
> I do admit the shortcomings of the free market.
Maybe, but you don't admit it in this case (to provide access to university education), otherwise you wouldn't try to blame the government.
What should have government done, if it wanted to allow people get more education, and avoid the market failure?
- WalterBright 3y ago> Although of course short-term, production is a zero sum proposition I don't buy that. > What should have government done, if it wanted to allow people get more education, and avoid the market failure? Before, say, 1980, the US built the best university system in the world without government subsidy. After then, the universities became dependent on government subsidy, and the government began all sorts of regulations on them in exchange for the subsidy. Before 1980, college was affordable. A student could pay for it with a full time summer job and a part time job after school. I know this because I did it.