How expensive is a can of Coke?

Saturday October 21, 2017

The nominal price of a can of coke is a few cents. In actuality, it costs much more.

The scientific consensus is that dietary sugar is a major contributor to type 2 diabetes, obesity, hypertension, and related diseases - collectively called metabolic syndrome. Soda is the number one contributor to dietary sugar in the United States. The only people who seem to disagree are the American Beverage Association. Sound like the Tobacco lobby?

If this societal cost was priced in - how …

Identifying Sources of Cost Disease

Wednesday June 14, 2017

Cost disease is one of, if not the, most important problem for society to be tackling right now. Cost disease is the notion that many industries have become dramatically more expensive over time, rather than less expensive, as you might expect with technological improvement. To put cost disease in a political frame, I greatly enjoy this quote from Scott Alexander:

Libertarian-minded people keep talking about how there’s too much red tape and the economy is being throttled. And less …