Scott Alexander follows up on his critique of a book about the Baumol effect, presenting data that challenges the book's claims about rising wages driving cost increases in education and healthcare. Longer summary

Scott Alexander follows up on his review of Tabarrok and Helland's book about the Baumol effect and rising costs in education and healthcare. He expresses disappointment with Tabarrok's response to his critique and further explores the issues. Scott presents data showing that wages in high-productivity sectors and for doctors and teachers have not risen as much as claimed, which challenges the book's central thesis. He also clarifies his understanding of how the Baumol effect can make things less affordable for individuals even if not for society as a whole. The post analyzes various data sources and graphs to support these points, maintaining a critical stance towards the original book's arguments. Shorter summary

Scott Alexander reviews a book attributing rising service costs to the Baumol effect, finding it convincing but raising some concerns about conflicting data and affordability issues. Longer summary

Scott Alexander reviews the book 'Why Are The Prices So D*mn High?' by economists Alex Tabarrok and Eric Helland, which attributes rising costs in services like healthcare and education to the Baumol effect. The authors argue that as productivity increases in some sectors, wages rise across all sectors, making labor-intensive services relatively more expensive. Scott finds their case convincing but raises some concerns, including data on stagnant real wages, conflicting information on professional salaries, and the apparent decrease in affordability of services like education, which the Baumol effect shouldn't cause. He seeks further clarification on these points to fully accept the Baumol effect as the primary explanation for cost disease. Shorter summary

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

Scott Alexander examines the phenomenon of cost disease, where costs for basic services like education and healthcare have increased dramatically without corresponding improvements in quality or wages. Longer summary

Scott Alexander explores the concept of cost disease, where costs for essential services like education, healthcare, and housing have increased significantly over the past few decades without corresponding improvements in quality or wages. He presents data showing how these costs have risen much faster than inflation, while worker salaries in these fields have remained stagnant or even declined. Alexander considers various potential explanations for this phenomenon, including market failures, increased regulation, lawsuit fears, and changing risk tolerance. He argues that this cost disease is a major factor behind many current political and economic debates, and expresses concern about its impact on living standards and economic progress. Shorter summary

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

Scott Alexander critiques arguments against school vouchers, discussing potential efficiency gains and drawbacks of privatization in education, while proposing experimental approaches to school reform. Longer summary

Scott Alexander critiques Nathan Robinson's arguments against school vouchers, discussing the potential efficiency gains and drawbacks of privatization in education. He compares education to other sectors like healthcare and grocery stores, analyzes the rising costs in public education, and proposes experimental approaches to school reform, including a system of small, home-based schools. Shorter summary