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.
|Other Independent Review articles by D. Eric Schansberg|
|Fall 2004||The Poverty of Welfare: Helping Others in Civil Society|
|Summer 1998||Money for Nothing: Politicians, Rent Extraction, and Political Extortion|
|Winter 1998||The Life of Herbert Hoover, vol. 3, Master of Emergencies, 19171918|
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