• How Economics Explains the World (and Healthcare!)

  • Nov 7 2024
  • Length: 35 mins
  • Podcast

How Economics Explains the World (and Healthcare!)

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  • Summary

  • Are our “free markets” truly free? How can we achieve a balanced healthcare economy when we privatize profits but socialize losses? Andrew Leigh, member of the Australian House of Representatives and professor of economics at Australian National University, joins us to talk about how "economics can be defined as a social science that studies how people maximize their well-being in the face of scarcity", and how that applies to healthcare.
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