9529
Considerations on Cost Disease | Hacker News
The question I'd ask in response to this post is "So where did the money actually go?"
I suspect inequality and wealth transfer explains much more of the observed trends than the author acknowledges at the end. In each of the verticals discussed, there have been strong (albeit sometimes less obvious) trends for consolidation among institutions and organizations. This includes companies, government contractors, and even vendors in ecosystems we tend to think of as decentralized like local schools, where significant consolidation might be occurring over time at the level of food suppliers like Aramark, utility companies, or diesel fuel suppliers for school buses.
These organizations' compensation and capital structures, in turn, likely grew increasingly unequal over time. Stockholders, stakeholders like executives, and intermediaries like insurance companies in those organizations likely extracted more and more capital relative to traditional stakeholders like the college students, physicians, and teachers addressed in the post.
Wealth transfer from traditional stakeholders (college students, physicians, teachers) to organizational stakeholders (execs, stockholders, suppliers in consolidating markets) seems like both a cause and a consequence of the 'cost disease' discussed in the post.
economics  politics  pricing  society  history 
18 days ago
wal-e/wal-e: Continuous Archiving for Postgres
WAL-E is a program designed to perform continuous archiving of PostgreSQL WAL files and base backups.
postgresql  backup 
18 days ago
Grim's Scythe — Hopac: Getting Started with Jobs
Hopac is a unique library that offers lightweight threading along with a host of other valuable concurrency constructs, all of which make it easier to write highly-concurrent software.
f#  concurrency 
18 days ago
« earlier      
3d advertising advice ai algorithm algorithms analysis analytics angularjs animation api architecture art asm assembler astronomy audio automation bash bayes bestpractices biology blog blogthis book books brain browser business c c# c++ canvas career chart clojure cloud cms color compiler computerscience cooking css css3 culture d3 data database debug design development devops diet distributed diy django docker domain drupal dsp economics editor education electronics email embedded engineering f1 fft finance flask font fonts food framework free freelance functional game gamedev games generator gis git golang google gpu graph graphics guitar hacking hardware haskell health history hosting html html5 http ideas image images inspiration internet interview ios java javascript jquery language learn learning legal library linux lisp lists lua machinelearning management maps marketing math media medicine memory mentalhealth mobile module monitoring music mysql network neuralnetwork nginx node.js nutrition opensource optimization osx patterns performance philosophy photography php physics plugin politics postgresql privacy processing productivity programming projects psychology python raspberrypi react recipe reference research responsive reverseengineering ruby rust schizophrenia science search security seo server shell social software sound spam sql ssl startup staticsitegenerator statistics svg testing theme theory tips tools toread tutorial typography ui unix ux video vim visualization vpn web webdesign webdev webgl windows wordpress writing x86

Copy this bookmark:



description:


tags: