Comment Re:Market Failure (Score 1) 776
"The classic market failure is that some participant (it could be a firm, it could be consumers) is making decisions based on incomplete or inaccurate information. They're arguing that in this case, it's the consumers."
I'm sorry, but doesn't everybody know that you get fat and unhealthy if you eat too much unhealthy food and exercise too little? I don't see how anybody is uninformed about this. So I would say that their angle is false.