[FRIAM] of straw and steel

[Eric Charles]

*Supplementing* Glen's analysis,  there are MANY things in the modern
economy that fit that model,  including healthcare.

The insurance companies demand a steep discount in procedures.
The hospital's have costs to cover.
The only possible consequence is to dramatically increase the sticker
price.  There hospital doesn't expect someone to pay that much for a major
procedure,  they expect bulk buyers (i.e., insurance companies) to drive
buisness at ther bulk price. (If some random person does pay sticker price
every so often,  all the better, but that's not ther primary goal.)

Mattress companies, clothing stores,  etc. that have massive sales 3/4th of
the year are doing the same sort of thing.

See also my continuous complaints about the "Big Mac Index". Only a small %
of Big Macs in the U.S. are purchased at sicker price.  The sticker price
is primarily intended as something to discount off of.

On Fri, Jul 2, 2021, 4:51 PM Eric Charles <eric.phillip.charles at gmail.com>
wrote:

> Something Glen's analysis,  there are MANY things in the modern economy
> that fit things model,  including healthcare.
>
> The insurance companies demand a steep discount in procedures.
> The hospital's have costs to cover.
> The only possible consequence is to dramatically increase the sticker
> price.  There hospital doesn't expect someone to pay that much for a major
> procedure,  they expect bulk buyers (i.e., insurance companies) to drive
> buisness at ther bulk price. (If some random person does pay sticker price
> every so often,  all the better, but that's not ther primary goal.)
>
> Mattress companies, clothing stores,  etc. that have massive sales 3/4th
> of the year are doing the same sort of thing.
>
> See also my continuous complaints about the "Big Mac Index". Only a small
> % of Big Macs in the U.S. are purchased at sicker price.  The sticker price
> is primarily intended as something to discount off of.
>
> On Wed, Jun 30, 2021, 10:56 AM uǝlƃ ☤>$ <gepropella at gmail.com> wrote:
>
>> Maybe. But remember, despite the prescriptive linguists out there: a)
>> "troll" is not an insult and b) it can be accidental.
>>
>> All 3 of Russ' "people with grants", Barry's "rent seeking", and Pieter's
>> "publishing profits are bad for science" responses are a trawler's delight!
>> Rather than talk about the Strawman fallacy and it's variations, we're
>> talking ... [sigh] again ... about capitalism and money.
>>
>> Call it naivete if you want. But it was a very effective troll.
>>
>> On 6/30/21 7:47 AM, thompnickson2 at gmail.com wrote:
>> > Oh, I see.  The point is to make getting the individual item so
>> expensive that it just balances driving to the library (or doing ILL) with
>> subscribing to the Journal.  It's pure manipulation; costs have nothing to
>> do with it.
>> >
>> > Glen, I think you persistently confuse naivete with trolling.
>>
>> --
>> ☤>$ uǝlƃ
>>
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>
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