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Tag: market failures

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3 posts found
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Feb 22, 2017
ssc
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198 min 30,584 words 124 comments
Scott Alexander reposts his 'Non-Libertarian FAQ' critiquing libertarian philosophy and arguments, noting it no longer fully reflects his current views. Longer summary
This post is a reposting of Scott Alexander's 'Non-Libertarian FAQ' (aka 'Why I Hate Your Freedom'), which he wrote about 5 years prior. The FAQ aims to provide a comprehensive critique of libertarian philosophy and arguments. It covers economic issues like externalities and market failures, social issues like social mobility and taxation, political issues like government competence and specific policy areas, and moral issues around rights and consequentialism. The author notes that this version no longer fully reflects his current views and is being reposted by popular request and for historical interest. Shorter summary
Feb 17, 2017
ssc
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51 min 7,862 words 406 comments
Scott Alexander summarizes various responses to his post on 'cost disease', presenting diverse explanations for dramatic cost increases in healthcare, education, and infrastructure. Longer summary
Scott Alexander summarizes and responds to various commentators' explanations for the 'cost disease' phenomenon he described in a previous post, where costs for healthcare, education, and infrastructure have risen dramatically over time without corresponding improvements in quality. The post presents diverse perspectives from economists, bloggers, and readers, exploring theories ranging from administrative bloat and regulatory burden to market failures and changes in societal expectations. Shorter summary
Dec 04, 2016
ssc
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15 min 2,256 words 197 comments
Scott summarizes diverse perspectives from comments on his school choice article, covering topics like education costs, charter schools, and potential market failures in education. Longer summary
This post summarizes key points from the comment thread on Scott's previous article about school choice. It covers various perspectives on for-profit vs. nonprofit schools, cost increases in education, food deserts, charter schools, and potential market failures in education. Scott notes some arguments that made him more pessimistic about charter schools, but maintains that careful experimentation is needed. The post concludes by acknowledging that Betsy DeVos' policies don't qualify as careful experimentation. Shorter summary
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