Explaining the horribly wasteful U.S. heath care system as a combination of rich-countries-spend-more-on-health-care and diminishing-returns-to-health-care-spending
tl;dr. A document saying it opposes the conventional wisdom on U.S. health care spending actually, in my view, supports the conventional wisdom on U.S. health care spending. The conventional wisdom (which I agree with) The conventional wisdom is that Americans spend too much on health care and get too little. This conventional wisdom resonates with …