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.
It would take a heart of stone not to laugh. An Open Letter to CA Government Democrats – WHAT WERE YOU THINKING?
Someone else is getting all our cold weather. Jordanians fuming over electricity bills, call for boycott
In American politics, nobody cares about these kinds of details. Bernie Sanders is far more radical than Corbyn’s Labour
I don’t agree with this but throwing it out there for the sake of balance. Coronavirus Is Bad. Comparing It to the Flu Is Worse
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).