Re: Positive externalities - Big gov\'t supporters argument sought
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ojc,
This is a case of government-induced "market failure". The government installs so many hoops that the costs (both monetary and non-monetary) of becoming a doctor are artificially inflated, hence there are too few doctors produced, driving up the cost of healthcare and medical insurance beyond the reach of many. Government then acts to "fix" this problem by creating yet more interventions, i.e. subsidies, at taxpayer expense, to increase the supply of doctors.
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Your pony too slow. Albeit a more elaborated pony.
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