Re:Reasons to expect the next 10 years to be more exciting t...
by elai on Sunday December 12, 2010 @05:12PM
(#1998219)
I think a large part of health care price inflation comes from extreme distortions that governments and case law bring to that industry.
Re:Reasons to expect the next 10 years to be more exciting t...
by jamesbritt on Sunday December 12, 2010 @05:39PM
(#1998326)
Also, as people live longer, the care required to maintain/extend life gets more sophisticated and expensive.
And it doesn't help that many people eat crap and refuse to walk anyplace.
Food might start to go down at some point but I don't see land and raw materials declining for a little while, though if telecommuting from Utah or outer-Mongolia becomes easy, land might well get cheaper.
Health care's an odd thing. Maybe enough biology research will bring the price down but so-far it's increased the price. A lot of this comes because of a market that's happy to absorb a higher priced replacement for a given item if the replacement can claim superiority in other ways. This sound OK but it's had truly poisonous results. Open source biology could eventually have an impact here.
Energy is a long story in itself...
Still, it's interesting to think about these tendencies.