Venkatesh Rao@vgr·Jun 4, 20148/ But technology has an effect that is secular, exp instead of lin and steadily deflationary. That's the one thing you can depend on.24
Nikhil Prasad Ojha@npojha·Jun 4, 2014Replying to @vgr@vgr steadily deflationary - except if it's US healthcare tech.11
Venkatesh Rao@vgrReplying to @npojha@npojha and education... the two sectors most afflicted by baumol's cost disease5:53 PM · Jun 4, 20141 Retweet