3 ms·
> can it be a coincidence that healthcare, housing, and education are so expensive and also hugely "centrally planned"? How are you defining central planning?
by csb6 3y ago
> can it be a coincidence that healthcare, housing, and education are so expensive and also hugely "centrally planned"?
How are you defining central planning? It seems like you mean “extensive government intervention and involvement”, which I don’t think is an accurate definition.
Using that definition, then food is also a “centrally planned” industry, since governments heavily subsidize dairy producers and farmers, leading to cheaper food products. Governments also are deeply involved in regulating and intervening in the banking and telecommunications industries, which you seem to imply are not “centrally planned” and so are more affordable.