Are government regulations and subsidies necessary for the provision of health care and health insurance—or 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.
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D. Eric Schansberg is professor of economics in the School of Business at Indiana University Southeast.
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Economic PolicyEconomyFree Market EconomicsHealth and HealthcareHealth InsuranceHealth Savings AccountsPublic Choice
| Other Independent Review articles by D. Eric Schansberg | ||
| Winter 2023/24 | Vivek Ramaswamy on What’s Troubling America | |
| Winter 2022/23 | Maverick: A Biography of Thomas Sowell | |
| Winter 2021/22 | The Meritocracy Trap: How America’s Foundational Myth Feeds Inequality, Dismantles the Middle Class, and Devours the Elite | |
| [View All (11)] | ||
