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Entries from September 2013

Collectivizing Health Care: What Happens to Costs?

September 29th, 2013 · 4 Comments · Economics

The RAND Health Insurance Experiment is referenced in the academic literature as a “gold standard” study, and the main conclusion it reached aligned perfectly with what Econ 101 teaches us — when people have to pay for stuff, they buy (significantly) less of it. It also confirmed that “outcomes” were not worse for those poor […]

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