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by metaphorm
3411 days ago
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> yet food prices don't rise like healthcare prices. agricultural subsidies and price support (government agrees to purchase unsold surplus of many crops) are a huge contributor here. also consider the externalities. the price of cheap beef is that 60 years from now a global climate crisis will cost the entire world thousands of trillions of dollars, and probably lots of lost lives as well. |
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Another factor that likely contributes to the divergence in prices is that healthcare is heavily regulated while food production is not anywhere near as constrained by government mandates.