3 ms·
>We generally accept the principal that making something cheaper and easier results in more of this behavior.... But when it comes to making it easier for peopl
by OtherShrezzing 2y ago
>We generally accept the principal that making something cheaper and easier results in more of this behavior.... But when it comes to making it easier for people to fuel their addiction and live a more comfortable life centered around a dangerous chemical, some question that this relationship exists.
The fundamental principals of supply and demand assume that the agents participating the market are acting rationally (or approximately close to rational). Those assumptions are strained to their limit when analysing black markets and addictive substances.
- johngladtj 2y agoThere is no such presumption. I can assure you supply and demand works the same way, even when behaving randomly. Perhaps you mean that people don't behave in a way you deem "rational" and that therefore the outcomes are different from what you expect. That is an issue with your model of reality not being accurate, not with the concept of supply and demand.
- bko 2y agoI don't think people that are obese (partly due to corn subsidies) or commit gun violence are acting rationally. Do you still believe that relationships I originally mentioned are strained?