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Old 11-16-2006, 11:28 PM
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Default Re: Coveverag in 95008

tmoran@acm.org wrote:
>> If it made sense (demand and economics), then the market would provide
>> it. When that hasn't happened, then either demand or economics aren't
>> there.

> The "market" in economics is like "assume a spherical cow" in physics.
> It's usually good for a first approximation, but sometimes fails udderly.


There are many situations where due to overwhelming public interest, the
government funds programs that would never occur if they depended on
market forces.

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