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by disgruntledphd2
303 days ago
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> Doesn't matter, the same articles and papers will bring up that US enjoys higher productivity due to better technologies, etc, but since all of that makes it very hard to be really measured, it's always a mixture of some heterogeneous ideas together. It's actually worse than that, because in lots of EU/western countries health is provided by states which gets booked against GDP at cost. In the US, because it's more private it gets booked higher because of the margins. It's actually responsible for a bunch of the US's "productivity" growth since the financial crisis. |
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