re: #94 Wendell Zurkowitz (slave to the waffle light)

The market is supposed to function by bringing the price of a product in line with the true costs generated by a product. I know, guns don’t kill, people kill, so the tax is not on guns, it’s on people.

Well, to pick nits, the market is supposed to reconcile supply with demand. Government is supposed to make sure that the true costs of a product or service are paid by both the suppliers and the consumers. For example, the cost of hazardous waste disposal should be borne by the producer and passed on as part of the true cost of the product. In practice however, due to lax regulations and enforcement, pollutants are dumped and the govt has to pay for cleaning up the inevitable spill.