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Friday, April 22, 2005

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 In health care, competition is the problem, not the solution

The United States spends far more on health care than other advanced countries. Yet we don't appear to receive more medical services. And we have lower life-expectancy and higher infant-mortality rates than countries that spend less than half as much per person. How do we do it? Professor Krugman explains.

1 Comments:

Anonymous Anonymous said...

Perhaps because something like healthcare works better when not motivated by making profit. And also because of the number of people who don't have healthcare, which must bring the avaerage way down.

8:48 AM  

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