Marginal Revolution: Why doesn’t the health care market work so well?
Econoblogger Marginal Revolution gives a nice rundown on why the health care market doesn’t perform so well. One would expect that given an efficient market the healthcare ship would ultimately right itself–but it hasn’t. Why is that? Read the hyperbole-free post to learn the latest theories on why not.
On a related and more local note, if you are injured by this hospital, we remind you to take the extra 15 minutes to go to the next available ER.
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