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Prices in Health Care
By: John R. Graham
11.9.2010
Does anyone think that homes, cars, groceries, clothing, etc., would be more affordable if the government instituted a “single-payer” system and exercised it’s monopsony power, hiding the actual prices from consumers? I’ve never met anyone who advocated that: They know that our homes would be leaky and mold-infested, our cars belching smoke and unsafe, our diet consisting almost solely of spoiled potatoes, and our clothing rough and ill-fitting.
Read more about the role of prices in health care in a dialogue over at the this health policy blog.
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