You are such a Boy Scout! You see everything in black and white! Jack Ryan [Harrison Ford]:
Posted on February 17, by Scott Alexander I got many good responses to my Considerations On Cost Disease post, both in the comments and elsewhere. A lot of people thought the explanation was obvious; unfortunately, they all disagreed on what the obvious explanation was.
Below are some of the responses I found most interesting. So, what is really happening? I think Scott nearly gets there.
Things cost 10 times as much, 10 times more than they used to and 10 times more than in other countries. So where is it going? The number of people it takes to produce these goods is skyrocketing.
Labor productivity — number of people per quality adjusted output — declined by a factor of 10 in these areas. It pretty much has to be that: How can that happen? Our machines are better than ever, as Scott points out. Well, we and especially we economists pay too much attention to snazzy gadgets.
Productivity depends on organizations not just on gadgets. Southwest figured out how to turn an airplane around in 20 minutes, and it still takes United an hour.
Contrariwise, I think we know where the extra people are. Most large public school systems spend more than half their budget on administrators. Construction sites have always had a lot of people standing around for every one actually working the machine.
But now for every person operating the machine there is an army of planners, regulators, lawyers, administrative staff, consultants and so on. I welcome pointers to good graphs and numbers on this sort of thing. So, my bottom line: Well, how does bloat come about?The conventions of codes represent a social dimension in semiotics: a code is a set of practices familiar to users of the medium operating within a broad cultural framework.
The hypothesis of linguistic relativity holds that the structure of a language affects its speakers' world view or kaja-net.com known as the Sapir–Whorf hypothesis, or Whorfianism, the principle is often defined to include two versions: the strong hypothesis and the weak hypothesis.
The strong version says that language determines thought and that linguistic categories limit and. The hypothesis of linguistic relativity holds that the structure of a language affects its speakers' world view or kaja-net.com known as the Sapir–Whorf hypothesis, or Whorfianism, the principle is often defined to include two versions: the strong hypothesis and the weak hypothesis.
The strong version says that language determines thought and that linguistic categories limit and. I do tend to think that if we regard people’s comments in the linked sources as votes, and adjust for known info (E.g.
CEO pay *is mostly* justified [Google CEO pay Adam Smith Institute for references], and as Scott Sumner points out (pace Noah Smith), the US does not have effective ways of controlling healthcare costs as a result of its hybrid system.
Tsadeq Hagos, the Ethiopian State Minister for communication stated that security forces clashed with a the Benshangul rebel organization killing 13 rebels. The clashes happened near Assosa in the Benshangul region, close to the Grand Ethiopian Renaissance Dam (GERD).
The region around the dam is a secure area where access by land or air is . Sharp fluctuations of moral absolutism and moral relativism are also among the attitudes of intellectuals revealed in this study. The moral absolutism is reserved for the stern judgments of their own society, while a pragmatic moral relativism appears when they give the benefit of the doubt to certain dictators and their political systems as long as they find them fundamentally praiseworthy.