Krugman: Too Much Choice Is Hurting America

2021/03/03 wwchu 反思經濟學

Learning from subprime, health care and electricity.
By Paul Krugman
NYT, March 1, 2021

Dan Patrick, the lieutenant governor of Texas, is clearly what my father would have called a piece of work.
Early in the pandemic he made headlines by saying that older Americans should be willing to risk death so that younger people could “get back to work.” More recently, he suggested that Texans who found themselves with $17,000 electricity bills after the February freeze had only themselves to blame, because they didn’t “read the fine print.”
….How did we become a country where families can face ruin unless they carefully study something as mundane, as normally routine, as their electricity contract?

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