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Robin Hanson, PhD: Healthcare Signaling, the Conspicuous Caring Hypothesis, and Prediction Markets in Medicine

The External Medicine Podcast

CHAPTER

The Distinction Between Medicine and Health

The usual abstract story about medicine that most economists just assume is, well, you know, you can get sick sometimes or injured. And the first thing I noticed in medicine was just there seems to be almost no correlation between health and medicine. That's one puzzle and then another puzzle is just people are really eager to regulate medicine in a great many ways.

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