David Manheim - @davidmanheim@techpolicy.social@davidmanheim·Feb 10, 2017It's a good read, but I think it (surprisingly) misses a key dynamic. https://medium.com/@davidmanheim/chasing-superior-good-syndrome-vs-baumols-or-scott-s-cost-disease-40327ae87b45… cc: @tylercowen Quote TweetNoah Smith @Noahpinion·Feb 10, 2017Your must-read econ blog post of the month is @slatestarcodex on America's excess cost problem: http://slatestarcodex.com/2017/02/09/considerations-on-cost-disease/…238
Venkatesh Rao@vgrReplying to @davidmanheim and @tylercowenreminds me of an @archdruidreport post arguing insurance doesn't have dim marginal utility due to infinite fears1:35 PM · Feb 11, 20171 Like
dazzle blockchain @emusdrinking·Feb 11, 2017Replying to @vgr @davidmanheim and 2 othersI would suggest that insurance will one day comprise the entire global economy.
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Venkatesh Rao@vgr·Feb 11, 2017Replying to @tubelite @davidmanheim and 2 othersoh that's the one I meant, not archdruid. My mistake.1