So there’s a decent chance you’ve been to college or taken a college course or know someone who has been to college. Now, books for college are *very expensive*, even though there’s a lot of competition in most subjects and it’s not nearly so expensive to print a book. The problem is that it’s not the students (the payers) who choose the books, but the professors, who are not affected by the price of their choice of textbooks. So, publishers of textbooks can set extremely high prices for textbooks without fear of losing their customers, since it’s not their customers, per se, who are choosing their product, but a third party. You kind of have the same problem in healthcare, where neither doctors nor patients shoulder the cost of good health. Doctors are not rewarded for healthy patients, but rather for running lots of tests, and it’s not patients who pay the cost of having these tests, but rather insurance companies.
Finally, I had to buy a ton of paint and it cost a ton of money and some other bullshit about economics yadda yadda yadda.
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