The question about healthcare, infrastructure, college, housing is a major one. The explanation I’ve come up with is that they aren’t machine scalable problem

The question about healthcare, infrastructure, college, housing is a major one. The explanation I’ve come up with is that they aren’t machine scalable problems and that the barrier to entry is so high that existing incumbents have little incentive to do “more with less $” when due to increased demand they are racking in billions. Matt Stroller’s BIG newsletter goes deep into the little monopolies and consolidation of markets by private equity. There’s also insurance and loans that comes into play. You can charge obscene amounts of money when it’s other people’s money. In a complex system, accountability is hard, so it’s ripe for rent seeking and corruption by the few people who are the bottleneck.