19min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

Higher Ed, Being a Dorm Room Socrates, and the American Workforce

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Working Class Grievance and Healthcare Costs

This chapter discusses the high cost of healthcare in the United States compared to other countries and the frustration it has caused among the working class. It explores the shortcomings of Obamacare and suggests a public option, similar to Medicare for all, to address the cost problem by leveraging the bargaining power of the government insurer. It also highlights the importance of making essential services more affordable for everyone.

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