So I’ve thought about this very example (or one very similar to it, the increasing price of healthcare per capita which is somewhat a sadly realistic proxy for the Anoxistan thought experiment). But healthcare has gotten really expensive because we now treat things that used to kill people outright (e.g., chemotherapy, stem cells and/or recently invented biologics didn’t even exist before).
Also with regards to working 60 hours a week so your kids can go to a school where their brain doesn’t rot or they don’t lose teeth.. that’s not just unrealistic, it doesn’t even make sense as a comparison to the past. Despite media hysteria, violent crime (especially against children) has dropped... (read more)
So I’ve thought about this very example (or one very similar to it, the increasing price of healthcare per capita which is somewhat a sadly realistic proxy for the Anoxistan thought experiment). But healthcare has gotten really expensive because we now treat things that used to kill people outright (e.g., chemotherapy, stem cells and/or recently invented biologics didn’t even exist before).
Also with regards to working 60 hours a week so your kids can go to a school where their brain doesn’t rot or they don’t lose teeth.. that’s not just unrealistic, it doesn’t even make sense as a comparison to the past. Despite media hysteria, violent crime (especially against children) has dropped... (read more)