Re:A tale of two covariates: Why OWID and company are wrong ...
by rcafdm on Sunday December 08, 2019 @07:43PM
(#21739601)
My analysis strongly suggests costs strongly track with income levels. Relative Prices rise with income, but purchasing power also rises, so it's not necessarily less affordable relative to incomes actually earned domestically.
Some people may prefer a regime that offers more insulation (socialization) from the true costs (generally overstated IMO), but that's something of a different problem with different potential solutions than the popular notion that US prices are inexplicably high or outcomes inexplicably bad where we're (presumably) likely to win-win-win if only we copy the regimes found elsewhere.
https://randomcriticalanalysis.com/2019/12/03/no-means-no-th...
Some people may prefer a regime that offers more insulation (socialization) from the true costs (generally overstated IMO), but that's something of a different problem with different potential solutions than the popular notion that US prices are inexplicably high or outcomes inexplicably bad where we're (presumably) likely to win-win-win if only we copy the regimes found elsewhere.