Thursday, June 28, 2012

How to Cure Health Care


Hoover Institution/Advancing a Free Society ^ | July 30, 2001 | Milton Friedman



Since the end of World War II, the provision of medical care in the United States and other advanced countries has displayed three major features: first, rapid advances in the science of medicine; second, large increases in spending, both in terms of inflation-adjusted dollars per person and the fraction of national income spent on medical care; and third, rising dissatisfaction with the delivery of medical care, on the part of both consumers of medical care and physicians and other suppliers of medical care.

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