3 ms·
> education costs have vastly outpaced inflation[2] as have medical costs[3]. This is basically a law of nature. Anything that's done by humans and can't be sc
by formerly_proven 2y ago
> education costs have vastly outpaced inflation[2] as have medical costs[3].
This is basically a law of nature. Anything that's done by humans and can't be scaled will necessarily get more expensive in real terms over time. See: Baumol effect.