jgnat,
You don't have to be as convinced as I am.
You did respond to the video, but my intent was not to imply that you didn't repsond, or that even your response wasn't sufficient. I felt that a response in this thread was a good idea because, surprisingly, even from a free market perpective, the vlogbrothers video is not far off. The problems are there - but it's the "therefore we have to do XYZ" that troubles me.
You wrote in the other thread (you have to go to page 16):
The Vlog brothers always talk fast. They have a self-imposed limit of five minutes, and they cram in as much as they can. They are also factual.
I fail to see how you have concluded from all this that too much government intervention has led to rising prices. Canada has loads more government intervention, and our costs are lower. As does Europe. As the brother says so well, it's the loaded gun to your head - inelastic demand - that leads to high prices.
By the time you said that, the user DogGone was discussing inelastic demand with me. Our discussion then went on to patents.
MMM