The problem with the present system is that no one loses any money when tragedies strike.
competitive markets
April 13, 2023
8:44AM
When the government creates artificial scarcity, food prices increase.
September 2, 2014
6:00AM
Normally at this is the time of year many BC families would be counting down the days until school resumed. But this year is different, with the ongoing BC teachers’ union labour dispute casting a pall of uncertainty over the start of the school year. It’s a classic example of the negative effects of a monopoly, and as is often the case with monopolies, ordinary families are the ones most affected.