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Noah means Noah: the high income-elasticity of health expenditure does not mean we are all going to starve! – Random Critical Analysis
https://randomcriticalanalysis.com/2019/12/03/no-means-no-the-high-income-elasticity-of-health-expenditure-does-not-mean-we-are-going-to-starve/
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No, @Noahpinion, we can spend proportionally more on health care and still consume much more of everything else. This is easily explained by relative prices (ultimately productivity).
