Education Spending Insights
Spending more on education doesn't necessarily lead to better outcomes, as highlighted by research indicating that increased funding often goes to facilities rather than effective teaching. The discussion extends to healthcare, where the disconnect between expenditure and quality is exacerbated by the use of other people's money, leading to a lack of personal investment in outcomes. The tolerance for inefficient institutions raises questions about consumer choices in both sectors.In this clip
From this podcast
EconTalk
Robin Hanson on Health
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