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What Paul Krugman Doesn’t Understand about Health Economics

Paul Krugman is an editorial writer for the New York Times and a winner of the Nobel prize in economics. Yet more than any other economist in the country, he routinely discredits the very profession that has honored him.

Krugman says that Obamacare actually works. He also thinks the entire health care system would work better if government paid all our medical bills. In making these claims, he writes the way a non-economist would. Wherever there are people who think health policy problems can be solved without any knowledge of economics, Krugman is there to give them aid and comfort – week after week, month after month.

Here is a reader alert for some of Krugman’s most egregious errors.

John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the “Father of Health Savings Accounts.”

New from John C. Goodman!
A BETTER CHOICE: Healthcare Solutions for America
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to “repeal and replace” it. However, the question is: Replace it with what?

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