Just a moment...

This is the chart that has launched a thousand takes.
The conclusion seems obvious: Everything the govt touches goes to infinity in price. Everything pure capitalism touches goes to zero.
But there's another way of looking at this graph that dramatically changes the story.... See more
Baumol’s cost disease to include any sector of the economy where demand is inelastic (goods and services that most consider “essential), and supply/productivity is naturally and/or artificially restricted. With this expanded definition, four sectors of the economy stand out as afflicted by cost disease: healthcare, higher education, housing, and
... See moreJ.K. Lund • The Curse of Material Progress
College 'sticker prices' have risen dramatically. Here's why
https://www.npr.org/2025/11/20/nx-s1-5600854/college-costs-have-risen-dramatically-in-the-last-20-years-heres-why
https://www.npr.org/2025/11/20/nx-s1-5600854/college-costs-have-risen-dramatically-in-the-last-20-years-heres-why