
282 | The Realignment X Narratives Podcast: How Do We Make it to the 2030s?
The Realignment
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The Cost Disease Socialism of Higher Education
Cost disease socialism applies to when you restrict supply of something but also subsidize it and econ 101 tells you that sends the price right up. The republican version of this is higher ed sucks so like was just like unhelpfully cut funding exactly without tying that to something specific. I think we could obviously have a debate in our society like what should the university system look like or how much money can be spent on student loans. We don't really know do two things okay sorry we know how to subsidize things we all know how to unhelpfully unsubsize things. This is one of my favorite topics ever because people are sort of grappling with regulation coming down the pipe hard and fast as
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