>but most buyers don't have the option to just pay more.
You can argue the same for labor as well. Everything from off-shore competition to strained government budgets are excuses for why employers "don't have the option to just pay more".
>but most buyers don't have the option to just pay more.
You can argue the same for labor as well. Everything from off-shore competition to strained government budgets are excuses for why employers "don't have the option to just pay more".
Sure, some of those might be worth looking into. But also, we can be a lot more cavalier about saying a company that can't pay its workers should go out of business than we are about saying that a family that can't afford housing should just live on the street. I think the latter case is more worth attacking directly.
The point is, shortages being a price phenomenon is not all that actionable. You can't avoid digging in to the details.