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by winestock 5229 days ago
"Economists dismiss costs that aren't included in price. For them the cost that matters is the price paid by consumers." - Paul Craig Roberts, Which Is Worse: Regulation Or De-Regulation?

Sadly, customers often act the same way as economists on this issue.

EDIT: Punctuation

1 comments

Bad economists maybe. DanI-S's sibling comment to yours points out the costs that this offloads onto the government and health care system.