Up to 25% of health spending in the US is wasteful. Where is that money being lost? What can we do about it?
This video was adapted from a column Austin wrote for the Upshot. Links to sources can be found there.
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Waste in U.S. Health Care Spending
01/10/2020
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Summary
Excerpt: Economic profit
Excerpt: Diminishing marginal utility
Excerpt: Four factors of production
Excerpt: Monopoly marginal revenue
Excerpt: Consumer/producer surplus
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