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A comment on You Can Thank Private Equity for That Enormous Doctor's Bill. Parent comment

Re:You Can Thank Private Equity for That Enormous Doctor's Bill by bradleyjg on Thursday May 30, 2024 @09:03AM (#40523173)
Eh, don’t think this is the strongest argument. If you plot housing, healthcare, and cars on a chart in real term dollars since, say 1980, cars are going show way way less real growth.
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Re:You Can Thank Private Equity for That Enormous Doctor's Bill by adolph on Thursday May 30, 2024 @09:27AM (#40523458)
Arnold Kling:

The New Commanding Heights are education and health care, which are rapidly expanding sectors where credentials and regulation are important sources of rents.

http://www.arnoldkling.com/blog/klassic-klingisms/

In Marxian economics, the "commanding heights of the economy" are certain strategically important economic sectors.

https://en.wikipedia.org/wiki/Commanding_heights_of_the_econ...

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