Wages and Health Care
Rising health care costs significantly impact wages, often leading to a misunderstanding of true income levels. Angus highlights the importance of recognizing that many perceive health care as a free benefit, which diminishes the urgency for reform. Furthermore, he warns that an economy heavily reliant on health care may not provide the material well-being people truly need.In this clip
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EconTalk
Angus Deaton on Health, Wealth, and Poverty
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