Evidence receipt / belief
Published · transcript-backedJason Furman: belief
26 Aug 2020 Conversations with Tyler Jason Furman on Productivity, Competition, and Growth
“I think you do have a tradeoff between “are you getting more innovation” on the one hand and higher prices on the other hand.”
Source trail
Everything needed to verify it.
- Speaker
- Jason Furman
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 26 Aug 2020
- Publisher
- Conversations with Tyler
Transcript context
…But also more investment, it seems. If higher prices are for something like drugs, then I think it’s tough. I think you do have a tradeoff between “are you getting more innovation” on the one hand and higher prices on the other hand. I don’t quite know the exact thing to do there. When it comes to hospitals, there’s very few efficiencies that come out of these mergers. The only efficiency that might come out of them is that you can pay nurses less than you used to. And I’m not sure how thrilled we should be about that. What do you think of the Rossi-Hansberg paper that if you look at the US economy sector by sector, rather than national concentration indices, that there’s no apparent increase in market power?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.