Sunday, July 15, 2012

The Market Does Not Ration Health Care - Reason.com

 

I am not saying anything that a good economist or thoughtful person doesn’t know. I am merely pointing out that we can be more effective in the health care debate if we are more precise in our language. We do not face a choice between methods of rationing medical services. We face a choice between rationing according to a bureaucratic plan and being freed to engage in mutually beneficial exchanges.

The Market Does Not Ration Health Care - Reason.com