Scott Alexander, curated
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Highlights From The Comments On Cost Disease

Quality
69
Strong
Claude Shift
42
Moderate
RWI
3
of 10

Follows up on

Considerations On Cost Disease — Essay · Feb 2017

Summary

Curated responses to the canonical 'Considerations On Cost Disease,' compiling sharp takes from named economists -- John Cochrane (administrative bloat / lack of competition), David Manheim (superior goods + limitless-demand/invisible-supply), Noah Smith (market failures, 'Phishing for Phools'), Megan McArdle (US regulatory incompetence vs. peer nations), Scott Sumner (third-party payment drives over-spending) -- plus reader examples (Cessna liability pricing, post-TMI nuclear-plant costs, Marxist and public-choice framings). Closes with Scott's own three sharp rebuttals: any 'rich people throwing money away,' 'evil capitalists,' or 'administrative bloat' story has to explain why costs balloon precisely in the least-capitalist, most-competitive-alternative-available sectors.

Why this score

Quality 69 · Strong. Upper Strong (69). As a curation it can't reach Excellent on its own, but it sits above the comparable Piketty highlights (66): the contributors are genuinely elite named economists, the source post is one of SSC's most influential, and Scott's closing three-part rebuttal is a real, oft-cited contribution that sharpens the debate. The 'Scott's own replies can lift it' convention applies.

Claude’s paradigm shift 42 · Moderate. Moderate (42). A compilation by nature has low novelty -- the ideas are others' responses, not a new frame -- but it does crystallize the cost-disease debate and Scott's closing constraints ('any explanation of form X must explain Y') add modest fresh analytical structure.

Real-world impact 3 · Moderate. 3 -- moderate. Part of the genuinely influential cost-disease discourse cluster (which became a standard reference frame in housing/health/education-cost debates); this companion extended that discussion with professional economists, so niche/professional-sphere influence -- above within-blog, below a coined-idiom 4-5.