Health Care and Public Policy

Description

This book takes a more pragmatic view. It argues that the free market is a good mechanism for allocating most goods and services but that the market for health has unusual properties that set it apart. This book explores the nature of those special characteristics. It argues that other commodities may have some of the unique properties butThis book takes a more pragmatic view. It argues that the free market is a good mechanism for allocating most goods and services but that health care is at the margins and the extremes in the extent to which it deviates from textbook supply and demand. The book asks if those properties mean that there is a role for social regulation and management. Apples and oranges can be left to the buyers and the sellers. But health care is different.

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