On: Will Your College Go Out of Business Before You Graduate?

[TruthElixirX]

Everything people don't like are market failures.

https://news.ycombinator.com/item?id=5098258 http://news.ycombinator.com/item?id=5112837 http://news.ycombinator.com/item?id=4738488 http://news.ycombinator.com/item?id=963251 etc

People keep calling things like city planning a market failure when it is full of regulation.

Or healthcare when the U.S. government spends the most money on healthcare in the U.S.

etc

People throw the term around without knowing what it means.

EDIT:

Changed "is a market failure" to "are market failures".

[sliverstorm → TruthElixirX]

Oh yeah? Well your comment is a market failure.

edit: I was being humorous.