The reason healthcare and education cost so much (sunderji.substack.com) 3 points by aziz_sunderji 4y ago ↗ HN
[–] aziz_sunderji 4y ago ↗ I get so frustrated when I read piece-meal, overly specific explanations for the enormous cost of healthcare and education.There is a much more compelling and systematic answer: Baumol's cost disease. I wrote a quick thing about it at sunderji.substack.com.Curious to know whether this community agrees or not.
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[ 4.8 ms ] story [ 28.4 ms ] threadThere is a much more compelling and systematic answer: Baumol's cost disease. I wrote a quick thing about it at sunderji.substack.com.
Curious to know whether this community agrees or not.