Re:How badly are we being ripped off on eyewear? Former indu...
by EpicEng on Tuesday March 05, 2019 @02:25PM
(#19313377)
I believe the GP's point is that regulation geared toward limiting supply circumvents natural market forces.
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Re:How badly are we being ripped off on eyewear? Former indu...
by enjo on Tuesday March 05, 2019 @02:35PM
(#19313479)
You can see it in the data:
https://fred.stlouisfed.org/series/HOUST
We're in a market in which housing prices have been soaring for a very long time, but for most of this we've been building less housing than even the 90's (and starts have actually FALLEN recently).
There's something broken in the market. Material costs are part of it, but government regulation is certainly part of it as well.
Re:How badly are we being ripped off on eyewear? Former indu...
by oftenwrong on Tuesday March 05, 2019 @02:34PM
(#19313470)
More accurately, it exploits natural market forces.