Sunday, July 26, 2009

Why markets can’t cure healthcare - Paul Krugman Blog - NYTimes.com

There are a number of successful health-care systems, at least as measured by pretty good care much cheaper than here, and they are quite different from each other. There are, however, no examples of successful health care based on the principles of the free market, for one simple reason: in health care, the free market just doesn’t work. And people who say that the market is the answer are flying in the face of both theory and overwhelming evidence.
Why markets can’t cure healthcare - Paul Krugman Blog - NYTimes.com
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