Taxes and Spending
The American cost of living is driven up not only by housing and healthcare costs, but by even larger increases in tax bills and government spending.
Media and CultureU.S. History
The EntrepreneurLabor and Wages
Capitalists provide a service to workers: access to capital with no risk, and immediate payment for services. Meanwhile, starting your own business brings both risk and a long wait before the profits start rolling in.
Many of the worst costs that will come with "Medicare for All" won't be calculated in dollars. They'll come in the form of doctor shortages, long wait times, and less access to care.
Other Schools of Thought
Does the Atlantic Magazine come down on the side of mainstream or behavioral economics?
The costs of recovering from the war would be paid by those who had had little to do with bringing about the massacres.
The Royal Academy made a clear political statement with this year's Nobel Prize in economics.