Comment Re: They are objectively wrong (Score 1) 149
That's a lot of words to show you still haven't thought about this to any depth. Why would "capture the productivity of the rest of the economy" have anything to do with the productivity of the sector itself?
You made that straw man, not me.
I need look no further than your reference to the productivity of various types of instructors to know you're not engaging this: the clear implication is that I believe the measure of productivity is the number *graduates.*
Not at all. Neither directly nor implicitly. Look at your posts dude. Look at mine. The whole premise involving productivity is entirely your idea. You came up with that entirely on your own. Moreover, my position is and has been that the productivity topic is a red herring. Rather, I was giving you the opportunity, and the benefit of the doubt, to explain why you think it has any relevance at all, and you couldn't do that. Congratulations, you're incompetent.
Is there anything in your long, irrelevant quote to suggest they're graduating more students? Or that they're not still paying total faculty more in nominal terms? (They are.) Or that any real reduction in wages isn't still well less than overall labor productivity?
No, no, no, and no. Again, this is your straw man, not mine. You built it, you tear it down yourself. Your talking points have the smell of a chatgpt hallucination.
You could absolutely say that the underlying economic forces are too complicated to come to a definite conclusion
Except I'm not. In fact, I've stated this numerous times already on slashdot: High money supply caused by excessive availability of student loans means educational institutions have little incentive to control costs. So guess what? Many of them don't, and it shows. Is that the only cause? Nope, but it's safe to say that reducing the availability of them would lower costs, and quite a bit at that, without sacrificing anything that we expect of educational institutions. As I already showed you, this has already happened before, and very recently at that.
Let me ask this: are you also so limited in your macroeconomic knowledge you believe you can assign fault for medical inflation as well?
Nope. In fact, I've done exactly the opposite on this: People here love to pin all the blame on health insurance companies, and worse, believe shooting people who run them in the back is totally justified. You're probably one of them at this rate. Meanwhile, it's been my position that there are a lot of things at play here.
Either way, you can stop projecting your incompetence already.