Comment Comment by slotrans > 1) For-profit entities (particularly, publicly-traded / with "fiduciary responsibility" to shareholders)Then why is laser eye surgery so efficient?Answer: it's not covered by insurance, so there's an actual market.The problem isn't for-profit entities, it's for-profit entities operating in the absence of markets. Rent-seeking, in short. parent slotrans 3 years ago
Then why is laser eye surgery so efficient?
Answer: it's not covered by insurance, so there's an actual market.
The problem isn't for-profit entities, it's for-profit entities operating in the absence of markets. Rent-seeking, in short.