@HephaistosF if we're not paying enough to cover the cost of production then yeah the prices should go up. if it's essential enough then the outcry over prices may create tax subsidies to pull resources from elsewhere in the economy to pay for it
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Reply · Oct 30, 2021@mattyglesias AMA has relevant expertise- they're great at restricting supply to drive up prices (salaries).Reply · Jun 1, 2023yeah, but I do think there's probably a line where it becomes obnoxious to be toooo fussy abt the price of things when clearly you can afford to pay?Reply · Jun 2, 2021@NickGalluzzo2 @ezraklein I mean, I assume the answer is to raise prices... Either demand will support the increase or you have to conclude that the…Reply · Dec 10, 2021@hmmm1776 @anonwithnumbers @mattyglesias Particularly when the expensive necessities they cite when arguing their case are supply-constrained by…