Why everything you have said about the determinants of health expenditure is wrong in one million charts: a response to Noah Smith.

Disclaimer: The title of this post is somewhat tongue-in-cheek and I fell slightly short of one million charts.   Also, Noah probably isn’t wrong about everything he’s ever said on this topic, just the central points under contention, and he has tons of company.   Noah Smith (Noahpinion) recently published a column in Bloomberg with the title “Health-Care Costs Are…