Re:It's the 21st century – why are we working so much?
by xtc on Monday August 05, 2013 @12:05PM
(#6160924)
I don't think the two need to be mutually exclusive. Why can't high quality medicinal practices be coupled with lower costs if there's not reason for the costs to be higher? That was my question. Just accepting high costs and arguing the opposite extreme isn't going to help anyone or drive down prices.
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Re:It's the 21st century – why are we working so much?
by yummyfajitas on Monday August 05, 2013 @12:45PM
(#6161186)
There is a reason for costs to be higher - more human labor was expended on my treatment than on my hypothetical non-treatment. Combine that fact with Baumol's cost disease, and you discover that there is a good reason for things to cost more.