No one gains from deadweight loss except government interventionists, and whoever or whatever the intervention is intended for. Some examples of this are monopolies, corporate welfare, price controls, and tariffs. As consumer surplus grows, the deadweight loss grows.
The pursuit of Truth continues armed with the ability to think, reason, and always ask "Why?". This site is dedicated to the Spanish Scholastics of the School of Salamanca who helped lay the foundation of free-market economics.
Tuesday, October 28, 2008
4. Who gains from deadweight loss? What happens to the deadweight loss when the consumer surplus grows?
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