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| Re: State of Economy Grounds for Price Controls on Gas and Diesel (456978) | |||
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Re: State of Economy Grounds for Price Controls on Gas and Diesel |
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Posted by Stephen Bauman on Tue Jun 2 13:20:12 2009, in response to Re: State of Economy Grounds for Price Controls on Gas and Diesel, posted by Peter Rosa on Tue Jun 2 09:49:25 2009. To oversimplify to a great extent, if you take five people at random, in the United States four of them will live to 90 and one will be finished at 60, while in Canada or Britain all five will live to 85. Deciding which system is better depends to some degree on one's risk aversion.It's a gross oversimplification and incorrect. The life expectancy for those 65 years old was 18.7 years in 2004. The same figure for Canada was 19.5 years. |
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