-
Maybe there's a negative price elasticity. People pick the more expensive university/hospital because it's more expensive, creating a positive feedback loop. Like w/ luxury items.
-
-
Apparently the USA spends 6% of the GDP on education, which is ~OECD avg: https://nces.ed.gov/programs/coe/indicator_cmd.asp … For healthcare it's 2x (18% vs 8-10%): https://data.oecd.org/healthres/health-spending.htm … So there's a big difference between the two.
-
And for healthcare the govt part is the same ~8% as elsewhere and the private part makes all the difference (in terms of % of GDP).
- 3 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.