Hoover Institution - Hoover Digest - How to Cure Health Care
HEALTH CARE: How to Cure Health Care By Milton Friedman The United States spends a mind-boggling percentage of its GDP on a health care system that virtually everyone agrees is a disaster. Is there any way out of this mess? There is—and Hoover fellow Milton Friedman has found it. Since the end of World War II, the provision of medical care in the United States and other advanced countries has
Greg Mankiw's Blog: Can better prevention save healthcare costs?
In the debate over healthcare reform, another claim one often hears is that better prevention will save us money. I have noted previously how "schlocky" this argument is. Over the weekend, a doctor writing in the Wall Street Journal puts the point as follows: Prevention of a disease, we all assume, should save us money, right? An ounce of prevention . . . ? Alas, If only such aphorisms were true w
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