Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Likewise I think the author makes the same error elsewhere. TFA states:

>The contemporary challenge is the high and rising price of essential services like healthcare, higher education and law, that are monopolized by guilds of highly educated experts.

The rising cost of education and healthcare are not exactly going to the "guilds of highly educated experts" as much as they are ballooned by second-order effects from an overly complicated system. For example, the higher cost of education is not going to professors as much as it's going to the administrative costs as colleges continue to compete for a growing supply of students willing to pay (in part because the mass availability of student loans allows them an extensive line of credit and also because the labor market makes it seem like they must get a degree to be competitive).



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: