yup... let's accept as given that market not right feedback. But "do better than market" tougher than people seem to think.
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yup... so in-addition-to, not instead-of. That's fine. Mutatis mutandis.
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are you for UBI instead of or in addition to existing entitlements. Resilience argument only holds in former case...
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i’m for replacement of means-tested transfers, but not all programs, e.g. health care (precisely bc a domain i/w mkt don’t work.)
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re: healthcare as domain in which mkt doesn't work, what do you think of Baumol's "cost disease" take on that?
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i think it’s silly. few domains whose practice has changed technologically/organizationally more than HC. not a violin quartet.
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aha, but not all tech change created equal. Govt as customer (via regulatory control) means mainly sustaining innovation.
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yes. agreed. but i think that’s a very different phenomenon than BCD. change actively misshapen rather than stasis in a changing env.
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but reveals of, for example, charge master absurdities = proof Baumol correct at least to zeroth order imo.
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i guess i’d say there are lots of explanations of exploding (increasingly discriminatory) pricing…
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it’d be fun to compare an index of charge master prices to violin quartet prices…
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