3 ms·
I think in general the costs of low productivity sectors tend to outpace the average which kind of negates additional spending (we see that already, educational
by grumpy-de-sre 3y ago
I think in general the costs of low productivity sectors tend to outpace the average which kind of negates additional spending (we see that already, educational spending has grown a lot over the years).
https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect