From the article (not my own words):
“If some government program found a way to give poor people good health insurance for a few hundred dollars a year, college tuition for about a thousand, and housing for only two-thirds what it costs now, that would be the greatest anti-poverty advance in history. That program is called ‘having things be as efficient as they were a few decades ago’.”
Read more at Philip Greenspun’s blog:
https://blogs.harvard.edu/philg/2017/03/04/another-economic-sourpuss/
The original source is here:
https://slatestarcodex.com/2017/02/09/considerations-on-cost-disease/