Mark Warshawsky on Compensation, Health Care Costs, and Inequality

Mark Warshawsky talks with host Russ Roberts about the role health care benefits play in measuring inequality. He shows that because health care benefits are a larger share of compensation for lower-paid than higher-paid workers, measures of inequality and even measures of economic progress can be misleading or distorted. The conversation covers a wide range of topics related to how the labor market treats workers and the role of benefits in setting overall compensation.