Just out. Watch all the way to the end, then comment. Fair? Sufficiently complete? Clear? Confusing?

[Originally posted at The Incidental Economist]

Independent since 1969.

The Washington Monthly is nonprofit and reader-supported. Your tax-deductible gift pays for the reporting you just read.

Austin Frakt is a health economist and an assistant professor at Boston University's School of Medicine and School of Public Health. He blogs at The Incidental Economist.