Cost disease and civilizational decline

“Cost disease” is a term sometimes used to refer to the rising costs (over the past several decades) of particular goods and services – particularly education (both K-12 and higher education), health care, real estate, and infrastructure (e.g., subway stations) – without commensurately rising benefits. It’s been discussed at length on Slate Star Codex, here and here.

 
I’ve often heard people citing “cost disease” as an indicator of general “civilizational decline.” I’ve even seen it lumped in with the “Where’s Today’s Beethoven?” question, along these rough lines:

 
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Πηγή: cold-takes.com

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