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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 8 Jan 2018
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      Replying to @gsvigruha

      I believe this is USA overall

      1 reply 0 retweets 0 likes
    2. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @Molson_Hart

      Still shocking.

      1 reply 0 retweets 0 likes
    3. Molson Hart‏ @Molson_Hart 8 Jan 2018
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      Replying to @gsvigruha

      I believe that there is a similar trend in u.s. education. There's a good article on this topic by slate star codex.

      1 reply 0 retweets 0 likes
    4. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @Molson_Hart

      You have a link? Also I suspect US healthcare as well.

      2 replies 0 retweets 0 likes
    5. Molson Hart‏ @Molson_Hart 8 Jan 2018
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      Replying to @gsvigruha

      https://www.google.com/search?q=slate+star+codex+healthcare&oq=slate+star+codex+healthcare&aqs=chrome..69i57.7202j0j4&client=ms-android-google&sourceid=chrome-mobile&ie=UTF-8 …

      2 replies 0 retweets 0 likes
    6. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @Molson_Hart

      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.

      1 reply 0 retweets 0 likes
    7. Molson Hart‏ @Molson_Hart 8 Jan 2018
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      Replying to @gsvigruha

      Not like luxury items, but agree with everything else.

      1 reply 0 retweets 0 likes
    8. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @Molson_Hart

      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.

      1 reply 0 retweets 0 likes
    9. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @gsvigruha

      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).

      1 reply 0 retweets 0 likes
    10. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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      Replying to @gsvigruha

      of course that just probably reflects mandatory private insurance

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      Molson Hart‏ @Molson_Hart 8 Jan 2018
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      Replying to @gsvigruha

      Word. I don't know enough about education in Europe, but it's possible that the American and European systems are roughly equally inefficient. You may want to check out my pinned article for the graphs.

      9:56 AM - 8 Jan 2018
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        1. Gergely Svigruha‏ @gsvigruha 8 Jan 2018
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          Replying to @Molson_Hart

          I read it a while ago, I liked it. They cost the same on average but in Europe there are more state subsidies (you pay through taxes) and the discrepancies between cheap/expensive good/bad are probably smaller. So you get more social mobility for the same inefficiency.

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