Destroyer of Bad Takes (Emeritus) Profile picture
Just here to drag your garbage takes. Zealously defending 🇺🇸. A libertarian mugged by reality. Anti-populist. Proud debt slave. Don’t fetishize poverty.
Dec 23, 2024 6 tweets 2 min read
Some important stylized facts:
1. Healthcare spending is largely a function of income. Countries with higher incomes spend more on healthcare. Countries with lower incomes spend less on healthcare. The US spends so much more on healthcare because it is so much richer. Image
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2. Once a basic level of healthcare is established, additional healthcare spending rapidly approaches zero return. Image