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economic inefficiency

Essays tagged “economic inefficiency”. Follow an idea across the archive.

Essays on economic inefficiency

2 essays

Aug 29, 2018SSC

Bulls**t Jobs (Part 1 of ∞)

Scott Alexander discusses the ethical dilemma of writing doctor's notes for back pain as a psychiatrist, leading to reflections on 'bullshit jobs' and procedural inefficiencies in the economy.

5 min read 715 words

Feb 9, 2017SSC

Considerations On Cost Disease

Scott Alexander examines the phenomenon of cost disease, where costs for basic services like education and healthcare have increased dramatically without corresponding improvements in quality or wages.

47 min read 7,274 words

cost disease economic inefficiency education costs