Data Talks

While the cost of discretionary goods has fallen over the last two decades, essentials like housing have rapidly become more expensive. This and more trends in our #socialcontract report: https://t.co/U5MzA2tovb pic.twitter.com/RUxsRA3OFP

— McKinsey Global Institute (@McKinsey_MGI) October 3, 2020

Anybody else focusing on the fact that the sectors increasing most in cost are the four most regulated or dominated by government regulation (Education, Housing, Health, and Alcohol/Tobacco/Restaurants/Hotels) while sectors shrinking the cost for consumers the most are also those most subject to competition (Clothing, Recreation, Communications, and Furnishings)? 

Vive la market!