Incentives in Healthcare
A discussion unfolds around the peculiar nature of healthcare and education, highlighting how low copays can lead to overuse while people remain largely unaware of the economic implications. Unlike other sectors, individuals seem to accept subpar institutions in these fields, suggesting a deeper misunderstanding or reluctance to confront the costs associated with their choices. The conversation also touches on the public's perception of the healthcare system and the potential manipulation by professionals within it.In this clip
From this podcast
EconTalk
Robin Hanson on Health
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