Monday, August 19, 2013

Inflation: How Handouts Increase Prices

TBD

1) General theory of inflation
2) Australia - childcare grants
3) Singapore - HDB grants & CPF liberalization
4) Australia - First Home Owner Grants
5) Subsidies have to be targeted.
6) Link to universal healthcare - will be fine as long as someone else pays
7) Supply side interventions better as they tackle the problem at its source. Prices will naturally decline as availability of care increases
8) Exactly what they did - doubled budget, more beds, doubled med student intake, new hospitals