Are government regulations and subsidies necessary for the provision of health care and health insuranceor could an unfettered market provide them? Economic theory suggests several factors that might prevent a free market in health services from performing like the competitive-market ideal, but concerns about them are overblown.
D. Eric Schansberg is professor of economics in the School of Business at Indiana University Southeast.
Economic PolicyEconomyFree Market EconomicsHealth and HealthcareHealth InsuranceHealth Savings AccountsPublic Choice
Other Independent Review articles by D. Eric Schansberg | ||
Winter 2023/24 | Vivek Ramaswamy on Whats Troubling America | |
Winter 2022/23 | Maverick: A Biography of Thomas Sowell | |
Winter 2021/22 | The Meritocracy Trap: How Americas Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite | |
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