Healthcare Economist December 5, 2025
Perhaps at least according to Tyler Cowen. Here is an excerpt from his Conversation with Dan Wang:
WANG: …health care is what, 20% of the American GDP?
COWEN: 17 point something. That’s a lot, right?
WANG: That’s a lot. That feels too high to me. I feel like we should be ringing better efficiencies out here.
COWEN: It seems not high enough, though, by another standard. You only get that much happier moment to moment. If you live longer, or you have better pain killers, or we can fix your broken hip,...
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