Michael Cannon, director of health policy studies at the Cato Institute, talks to us today about Medicare. He provides statistics on the size of Medicare spending and the history of how Medicare came into being. We also discuss the distortions that Medicare creates, and Cannon addresses calls for “Medicare for All”. Do you know how much fraud there is in the Medicare system? Listen to find out. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.