kersploosh@sh.itjust.works to Microblog Memes@lemmy.worldEnglish · 1 year ago

The true American social classes

sh.itjust.works

978

The true American social classes

sh.itjust.works

kersploosh@sh.itjust.works to Microblog Memes@lemmy.worldEnglish · 1 year ago

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Robbity@lemm.ee
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This is known as the cost disease. As manufacturing gets increasingly optimized, automated and cheap, the share of income that needs to be spent on everything else increases. For example, housing and services like live entertainment or healthcare.
- Dagwood222@lemm.ee
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  cost disease. I never heard of this before.
  
  https://en.wikipedia.org/wiki/Baumol_effect

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