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Jason Furman on Productivity, Competition, and Growth

Conversations with Tyler

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Market Power and Productivity Dynamics

This chapter explores the interplay between market power in the healthcare sector and its impact on investment decisions and productivity growth. It discusses the implications of increased market concentration, particularly in hospitals, and the challenges posed by geographical mismatches and supply chain dependencies on economic policy. The conversation also emphasizes strategies for enhancing productivity, including the role of immigration and necessary reforms in federal spending and tax systems.

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