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What Happened in the 1980s with Health-Care Expenditures?



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This visual is pretty stunning.

 

I wonder what happened in the U.S. in the 1980s that explains how health-care expenditures suddenly followed a different path than other countries. If you guys have any suggestions, I’d be interested.

Via Tyler Cowen at Marginal Revolution. For other really interesting visuals, go here.



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