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Markets fail constantly. Monopoly, info asymmetry,

Posted on: July 22, 2020 at 21:31:36 CT

SparkyStalcup MU

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M.O.B. Votes:

externalities, and factor immobility all are causes. Rent-seeking by special interest groups cause market failures. Public goods like national defense, infrastructure, and health care would be subject to massive failures if produced only by the private sector.

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MESSAGE THREAD

Next level Cancel Culture: - ummmm MU - 7/22 20:51:06

Nick cannon - JayHoaxH8r MU

- 7/23 11:23:44

The responses are hilarious and horrifying in their - Mizzou Lou KC - 7/22 21:34:03

RE: Next level Cancel Culture: - MOCO SON MU - 7/22 21:32:04

A lot of mortgages and rents are going to be canceled - SparkyStalcup MU - 7/22 20:59:07

Gawd yer a pathetic guv’mint teet sucker(nm) - TigerFan92 STL - 7/23 01:51:02

Holy hell. “Without more stimulus” - MIZ45 MU - 7/22 21:16:21

Bad economies are bad at providing jobs. Nm - SparkyStalcup MU - 7/22 23:11:07

Foreclosure and eviction is a natural part of the business - Bulldog Bob Brown STL - 7/22 21:09:18

I wasn't making a judgment call...just a plain and obvious - SparkyStalcup MU - 7/22 21:11:45

Buying a rental property and leasing it involves risk - Bulldog Bob Brown STL - 7/22 21:13:49

Markets fail all.the time. There's no reason to impose - SparkyStalcup MU - 7/22 21:16:28

No. Markets don’t fail - pickle MU

- 7/22 22:52:13

Market don't fail at all - Mizzou Lou KC - 7/22 21:36:31

Externalities, mmonopolies, free riders, are all examples - SparkyStalcup MU - 7/22 21:38:34

LIbturds are the free-riders. Please tell me, without - Mizzou Lou KC - 7/22 21:54:29

Markets don't fail. - ummmm MU - 7/22 21:22:44

Markets fail constantly. Monopoly, info asymmetry, - SparkyStalcup MU - 7/22 21:31:36

Monopolies are solely gvmt creations - pickle MU

- 7/22 22:53:01

No. Those are the popular retorts, but none of those - ummmm MU - 7/22 21:38:55

You think inflation is only about the money supply, so I - SparkyStalcup MU - 7/22 21:42:43

That’s not a redefinition (nm) - pickle MU

- 7/22 22:53:39

Yes, that is the classical definition of inflation - ummmm MU - 7/22 21:44:58

So it would be acceptable if the US were 7th, or 50th? - Bulldog Bob Brown STL - 7/22 21:18:03

Your namesake was smarter, I think. None of what you said - SparkyStalcup MU - 7/22 21:20:59

Your original premise was there should be no undue suffering - Bulldog Bob Brown STL - 7/22 21:25:05

Probably somewhere that doesn't have the means of - SparkyStalcup MU - 7/22 21:37:28

Appeal to emotion that makes everything - Bulldog Bob Brown STL - 7/22 21:44:17

We can't have that, Bob (nm) - 90Tiger STL - 7/22 21:15:24

why are you stupid? (nm) - pickle MU

- 7/22 21:02:26

You disagree? Now THAT is truly stupid. Nm - SparkyStalcup MU - 7/22 21:06:34

You can foreclose, evict, and obtain judgments in those - ummmm MU - 7/22 21:01:24

Temporarily or permanently? I'm betting on temporarily - SparkyStalcup MU - 7/22 21:08:14

"Cancel" doesn't imply temporariness. (nm) - ummmm MU - 7/22 21:11:56

Yet another example of the gov't claiming they can - Sal MU

- 7/22 21:01:57

I wasn't aware that the US government created the virus - SparkyStalcup MU - 7/22 21:08:56

horse#hit. the gvmt's response to the virus caused the - 90Tiger STL - 7/22 21:17:54

No. The markets started collapsing and people quit buying - SparkyStalcup MU - 7/22 21:24:17

There were literally runs on stores - ummmm MU - 7/22 21:26:41

And what happened soo after that? Supply chains broke down, - SparkyStalcup MU - 7/22 21:40:30

Because govt shuttered stores/restaurants which screwed up - ummmm MU - 7/22 21:43:39

And the run on stores was started by people - Bulldog Bob Brown STL - 7/22 21:29:20

The govt created the disastrous response to this not very - ummmm MU - 7/22 21:12:55

I agree with that, but not in the way you think. A more - SparkyStalcup MU - 7/22 21:15:17

So Trump should have ordered all covid patients back - 90Tiger STL - 7/22 21:19:14

lol (nm) - 90Tiger STL - 7/22 21:18:31

I recall that you hold up New York as the right approach. - ummmm MU - 7/22 21:17:58

Under treat of law at many jurisdictional levels - Bulldog Bob Brown STL - 7/22 21:11:58

that and leaders shutting down their local economies (nm) - Sal MU

- 7/22 21:09:36

The virus did that already, and we've barely shut down - SparkyStalcup MU - 7/22 21:13:00

you're a bad joke (nm) - 90Tiger STL - 7/22 21:20:18

Dismissing the shutting down of a business for even - Bulldog Bob Brown STL - 7/22 21:16:14

lol (nm) - Sal MU

- 7/22 21:15:05

There is a real simple solution to that - Sal MU

- 7/22 21:01:11

The replies agreeing with her are almost as insane as that - MIZ45 MU - 7/22 20:55:10

Nationalization of all residential rental property - Bulldog Bob Brown STL - 7/22 20:53:56

lol good lord (nm) - Sal MU

- 7/22 20:53:49