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by lmm
1329 days ago
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> First do you really think people will get more injured to game GDP? I think politicians will be incentivized to adopt systems that underfund preventative care in favour of more expensive emergency care, and this has already happened. > Anyway the metric is capacity to fulfill peoples wants. If the population has injuries then it will be less productive and therefore have a lower GDP. Only to the extent that those injuries affect economic productivity. Someone at the bottom will "earn" more in one medical bankruptcy than in an entire lifetime of minimum-wage work. |
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