Economics > Carnival of the Capitalists Is Up
Brain Brew Blog is hosting this week.
The Carnival led me to Cold Spring Shops and this post about the price of college tuition:
A wealthy benefactor decides to hand out tuition loans willy-nilly to millions of students that aren’t necessarily up to par for a period of 40 years. Relative to the price of tuition had the benefactor NOT acted, the price of tuition will:
a) increase
b) decrease
c) stay the same
d) none of the above
Likewise, government-subsidized healthcare and prescription drug benefits raises demands, which increases prices (which creates demand for more benefits, and around we go).
Posted by lesjones