Arnold Kling 

@arnoldkling
Arnold Kling earned his Ph.D in economics from MIT in 1980. He worked at the Fed and later at Freddie Mac. In 1994, he started one of the first businesses on the Web, selling it in 1999. He writes at arnoldkling.substack.com
Latest post
Psychology Links, 3/5/2025
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I think of excess health care spending as consisting of procedures with high costs and low benefits. *On average,* an MRI for back pain is not cost effective. Neither is a routine colonoscopy screening for colon cancer. Of course, your aunt Millie had these procedures and they saved her life, so we cannot say that the benefit is zero. To…

Cutting health care “waste” is hard