everyone’s talking about capital overtaking labour, but isn’t it as much about capital replacing capital?

that said, am guessing there are more jobs everywhere now than in previous times

At the CRC for efficient hospitals stakeholder meeting.

Nick Graves has just cited the observation that bureaucrats are budget and status maximizers.

I believe doctors are almost exactly the same.

You do the math.

Under Australia’s universal health care system, it is far cheaper for individuals to be on a range of heart medications than it is for them to be on broccoli. The same is not true in the US, though for the fortunate 70% with insurance (soon to be much higher thanks to Obamacare), they face the same awkward health insurance-driven moral hazard.

I wonder whether there’s a business case for getting broccoli on the PBS?