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Can you read? > Pet care is less regulated than child care, but it too is subject to the Baumol effect. So how do price trends compare? It's obviously a compa
by bpodgursky 1y ago
Can you read?
> Pet care is less regulated than child care, but it too is subject to the Baumol effect. So how do price trends compare?
It's obviously a comparison between a highly regulated and less regulated market to try to identify the cost driver.
- exasperaited 1y agoAnd it necessarily conflates them so that the comparison is meaningful. Otherwise why not compare it to, say, gardening?
- BobaFloutist 1y agoBecause gardening isn't a decent analogy for less regulated childcare.