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Last night I watched a doco on the Mafia (Arte, a themed evening, after "Godfather III")

They talked about a medical clinic, built and operated by cosa nostra, where everything cost five times the "real" price (i.e. when it finally got cleaned up, they reduced costs five times with no lowering of the quality).

This is both an exact illustration of rent extraction in itself, and an interesting parable of private medical care in general.

It is rightly acknowledged that people of faith have no monopoly of virtue - Queen Elizabeth II

by eurogreen on Mon Jan 23rd, 2012 at 04:17:46 AM EST
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