Links For Today

U.S. Higher Education Has a Foreign Money Problem

This sentence explains why attempts to control health care costs invariable devolve into controlling the wages of health care providers. “As real incomes rise, the relative price of goods falls while the relative price of services increases. This is likely a consequence rich countries increasing productivity in goods substantially more rapidly than that of services” Don’t be fooled by the headlines. The biggest cost in health care is not drug prices (no matter how unreasonable they are) but labor costs. Cost savings in health care will invariable focus on controlling wages, substituting more low skilled labor, and generally ensuring less human to human interaction. If you don’t have time to read the longer essay linked above, this post gives you some excerpts.

Air Escape from Java

Links For Today

Sharp spike in China’s coronavirus cases after change in diagnostic methods

Here’s what coronavirus does to the body

More Concerns About China’s Coronavirus Economic and Political Downside

Barrister says case is serious and toilet paper in current circumstances can be considered valuable

Justice is no longer blind. Investigations, charges, and even prison terms depend on the ideological views of the targets.

Links For Today

Uncomfortable Lessons: Reassessing Iran’s Missile Attack

Growth rates of 2019-nCoV are falling in Hubei, in China, and worldwide

A bad recording, but still still something to see two old timers playing around. Two of the top talents in their respective fields (playing the guitar and singing). It is a shame they did not pick better songs or put more serious effort into working together (and maybe they did at some point and I just don’t know it).