Rationally Speaking | 23 July 2019 | 0h 52m | Listen Later | iTunes
Perspective altering interview with Alex Tabarrok exploring the ideas in Why are the Prices So D*mn High? co-authored with Eric Heller. Backgrounds the Baumol Effect, which suggests that it is the higher cost of skilled labour that drives higher education and healthcare costs, notwithstanding much slower improvements in quality and productivity.