Monday, September 14, 2015

Matúš Kočalka, Chapter 1, Question 1

The most significant and memorable part of the first chapter was the one, where the author focused on the different prices that you pay for the same service. For example, flying ticket costs someone less than the other one, even though they fly to the same location, obtain the same cashews and use the same services.
Or there´s another example that compares the prices you pay for the dog drugs and human drugs. Drugs for the dogs are cheaper than the same ones that are provided to humans, just because of the price discrimination. It´s based on the idea which says that I am willing to pay bigger cost for the same drug, because I evaluate my life more, therefore the pharmacy companies use this opportunity and charge me more expansive and irrational price.                 
Why is this fact disturbing and sad? Because it is sick. How can we charge the drugs for humans more expensive than the drugs for our pets? It´s sad to imagine those who don´t have money and need treatment – they get healthy harder than their pets.

The author truly remarks, that if we wanted to control the market and set stable, equal and fair prices, it wouldn´t be called free market anymore. It would be a system based on oppression; therefore we must also deal with the sad reality that comes with some aspects of the free market.   

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