Works in Progress Podcast

Treating cost disease with Congressman Jake Auchincloss

Oct 24, 2025
Congressman Jake Auchincloss, a U.S. Representative focused on economic growth and urban policy, joins to explore building new cities in America. He shares insights on treating 'cost disease' and why local politics often hinder housing development. Jake advocates for innovative transit solutions and discusses the importance of a master plan for cities. He critiques immigration policies and suggests a balanced approach, while also pushing for bold biomedical R&D initiatives, including a national moonshot to cure Alzheimer's.
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INSIGHT

Treat Cost Disease From The Bottom Up

  • 'Cost disease' describes sectors with low productivity growth inflating faster than the economy.
  • Prioritise curing cost disease in necessities like housing and healthcare before luxuries higher on Maslow's pyramid.
INSIGHT

Cost Disease Shifts, So Policy Must Persist

  • Cost disease will always shift between sectors as some get automated and others lag.
  • Policy should repeatedly target essential services so inflation doesn't consume middle-class budgets.
ADVICE

Choose Where To Automate Carefully

  • Decide where human connection matters and where automation should lower prices.
  • Aim for cheaper housing and healthcare through automation while accepting human-led education where preferable.
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