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Sunday, July 12, 2009

How to Cure Health Care

This was written in 2001. You'd think that in 8 years our elected "representatives" would consider options that don't involve them controlling us, but the allure of power is too great.

How to Cure Health Care by Milton Friedman via the Hoover Institute.

Since the end of World War II, the provision of medical care in the United States and other advanced countries has displayed three major features: first, rapid advances in the science of medicine; second, large increases in spending, both in terms of inflation-adjusted dollars per person and the fraction of national income spent on medical care; and third, rising dissatisfaction with the delivery of medical care, on the part of both consumers of medical care and physicians and other suppliers of medical care.

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