with regards to Amotization, I think you're point would be better made if you thought of "return on investment" instead of using "expensive" as the distinction. To me, (return on) investment pervades pretty much everything in humanity and should be the main focus of so many discussions.
I think you made an interesting selection. I definitely would have picked supply/demand. Monopoly/monopsony is an interesting choice; I think I would have made the more inclusive selection of market failure, particularly because I think externalities have become increasingly important. I love your inclusion of unintended consequences. And while I think amortization as you describe it is an important issue, I would have chosen instead to include "incentives matter," which I think is a driving force in society.
with regards to Amotization, I think you're point would be better made if you thought of "return on investment" instead of using "expensive" as the distinction. To me, (return on) investment pervades pretty much everything in humanity and should be the main focus of so many discussions.
I think you made an interesting selection. I definitely would have picked supply/demand. Monopoly/monopsony is an interesting choice; I think I would have made the more inclusive selection of market failure, particularly because I think externalities have become increasingly important. I love your inclusion of unintended consequences. And while I think amortization as you describe it is an important issue, I would have chosen instead to include "incentives matter," which I think is a driving force in society.
Those are some good points to consider. Maybe I should write a follow-up sometime.
All of this is wrong.
...mind elaborating a bit?