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Eh, don’t think this is the strongest argument. If you plot housing, healthcare, and cars on a chart in real term dollars since, say 1980, cars are going show w
by bradleyjg 2y ago
Eh, don’t think this is the strongest argument. If you plot housing, healthcare, and cars on a chart in real term dollars since, say 1980, cars are going show way way less real growth.
- adolph 2y agoArnold Kling: The New Commanding Heights are education and health care, which are rapidly expanding sectors where credentials and regulation are important sources of rents. http://www.arnoldkling.com/blog/klassic-klingisms/ http://www.arnoldkling.com/blog/klassic-klingisms/ In Marxian economics, the "commanding heights of the economy" are certain strategically important economic sectors. https://en.wikipedia.org/wiki/Commanding_heights_of_the_economy https://en.wikipedia.org/wiki/Commanding_heights_of_the_econ...