Month: December 2020

What makes the US healthcare system so expensive?

An honest answer annoys everyone every side of the issue, not just people on the left and right but people who watch TV Basic Economics First up, Americans have amongst the highest wages in the world in one of the most efficient labour markets and of course labour efficiency is one reason for that high…

How does competition benefit the consumer?

Competition helps the customer in the following ways : When there is a competition among the sellers of the particular product it gives consumers the problem of choice. It gives consumers sufficient substitiutes to choose from.When there is competition among the producers/sellers it usually engages in price war in which the ultimate winner is the…

Is CBD oil a placebo rip-off?

I will preface this by openly stating that I sell CBD products at a brick and mortar store dedicated explicitly to CBD products. The company has a range of true broad and full spectrum products and all employees have direct access to our company chemist as well as the third party lab results for each…