« Voting with Your Feet in the Middle Ages | Main | The Importance of the City for Human Progress »

Prices of Education and Medical Care Increase Dramatically Over Decade


InflationGraphic.jpg











Source of the graphic: online version of the NYT article cited below.

The most interesting part of a recent David Leonhardt column, was not what he wrote, but the graphs that were included with the article, especially the one at the top of this entry. Notice that the price of education and medical care have increased much more dramatically than other categories of consumer spending. (And remember how heavily government is involved in those two sectors, both directly through government run institutions, and indirectly through regulations and subsidies.)

For the full commentary, see:

DAVID LEONHARDT. "ECONOMIC SCENE; Seeing Inflation Only in the Prices That Go Up." The New York Times (Weds., May 7, 2008): C1 and C11.


ConsumerSpendingGraphic.jpgSource of the graphic: online version of the NYT article cited above.

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

HP3D5006CropSmall.jpg




Powered by
Movable Type 4.1






Amazon Honor System Click Here to Pay Learn More









View My Stats

The StatCounter counter box above reports the number of "page loads" since the counter was installed late on 2/26/08. A "page load" is "The number of times your page has been visited."