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.

Note: Comments are moderated by the editor and are subject to editing.

Submit a comment on this article

Other reader comments on this item

Title By Date
Collusion is OK. [69 words]StanSep 14, 2018 19:24
The culprits blame the victims for the villains' crimes, again [258 words]LawrenceSep 12, 2018 23:26
Distorted Market [279 words]Ralph CorsiSep 12, 2018 23:17
⇒ Morality [114 words]jamesb_bkkSep 12, 2018 21:56
Morality is exactly the issue [49 words]Harry BinswangerSep 14, 2018 19:47
"Nice thing about capitalism" [35 words]Harry BinswangerSep 12, 2018 19:42
How to tell if someone took an econ course [117 words]Frederick Van BennekomSep 12, 2018 18:41
Big miss [76 words]Douglas LeveneSep 12, 2018 18:18

Comment on this item

Mark my comment as a response to Morality by jamesb_bkk

Email me if someone replies to my comment

Note: Comments are moderated by the editor and are subject to editing.