Reader comment on: Why Is College In America 'So Expensive'?
Submitted by jamesb_bkk (Thailand), Sep 12, 2018 21:56
She is purporting to make a moral argument that central authority forcefully fixing prices benefits hapless students and patients. Should not a paragraph go the notion that she is really arguing for an arrangement which impinges on free exchange (mainly to the detriment of those providing the services) and is therefore immoral? The main underlying problem is that government is involved at all, and is running the operation through expropriation or threats of expropriation. The second underlying problem is promiscuous voters thinking that they should have a "right" to what is a luxury item, which "right" translates into forcing someone else to pay their related costs. The practical negative effects flow from these conditions.
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