India has a hole where its middle class should be

Re:India has a hole where its middle class should be by thaumasiotes on Saturday January 13, 2018 @10:39PM (#16142703)

> Restaurants have every incentive to offer cheap, unhealthy, but more addictive foods because the resulting health issues are externalized towards the buyer

Another excellent example of why I've stopped listening to arguments of the form "X needs to be regulated because it produces such-and-such externality".

"Externalities" aren't just things you as an observer don't like. A negative effect on the buyer can never be an externality.

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Re:India has a hole where its middle class should be by eropple on Sunday January 14, 2018 @02:48AM (#16143255)

So you've stopped listening to arguments about things that exist because some people misuse a word?

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Re:India has a hole where its middle class should be by thaumasiotes on Sunday January 14, 2018 @04:42AM (#16143513)

Yes, when better than 99% of arguments taking a certain form are nonsense, it makes no sense to pay attention unless you have some additional reason to believe the person talking isn't an idiot.

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