Should health care spending make up 35% of GDP?
Perhaps at least according to Tyler Cowen. Here is an excerpt from his Conversation with Dan Wang: WANG: …health care is what, 20% of the American GDP?COWEN: 17 point something. That’s a lot, right?WANG: That’s a lot. That feels too high to me. I feel like we should be ringing better efficiencies out here.COWEN: It seems not high enough,…