Tuesday, January 12, 2010

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

Why markets can’t cure healthcare - Paul Krugman Blog - NYTimes.com
We can forget these basic facts so well spelled out by Krugman. We always hear about how the free market will solve it and that if we just shopped for health care the way we do for a car, everything would take care of itself. Well, it won't. As Krugman says there are "....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." This link to his July '09 article should be re-read often.

1 comment:

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