“The real barrier is the soaring cost of marriage and child-rearing. Many young people simply can’t afford to get married. To truly raise marriage rates, the government needs to lower these economic burdens.”
“The real barrier is the soaring cost of marriage and child-rearing. Many young people simply can’t afford to get married. To truly raise marriage rates, the government needs to lower these economic burdens.”
Yes but it’s important for onlookers to understand this mechanism. I often hear people believing that private firms don’t have to profit maximize. I used to think that too but it doesn’t match reality. The competition mechanism explains what we see around us.
And of course there are exceptions depending on the exact context and market conditions of a private firm but they don’t negate the mechanism under the assumptions it operates.