2026-09-17 · The Dispatch
🔮 As many folks have patiently (pun!) explained, some of this angst is unwarranted: Societies tend to consume more healthcare as they get richer and older (both things America is doing); good ol’ Baumol’s cost disease ensures that the price of a labor-intensive service like health care will grow faster than the prices of industries making more stuff with fewer people; and, as the center-left Brookings Institution noted earlier this year, healthcare spending in the United States has—contra expectations—“permanently slowed thanks in part to technological advances making medical treatments cheaper and more effective.” assertive
The Aporia