Profit benefits all whereas deficits and losses punish many. Health care is no exception as Richard Durana's healthy study on the value of profit in health care demonstrates. Entrusting health services to government management or subsidy is a recipe for for deficits and waste. It inevitably leads to regulatory harassment of providers and to the rationing of care. Richard Durana's case for more market in this crucial sector of society is based on solid economic analysis. Beyond economics, there is also a moral case to be made for profits that reward professionals and industries that work towards the common good. Wealth gives them incentives and resources needed to pursue their battle against human suffering and disease. Government regulation and rationing does just the opposite.
Posts
Some Q&A about school choice
16 years ago
You truly make it show up really key together with your presentation yet I to watch this matter to be truly one thing that I feel I may never get it. best cosmetic surgeons in Northern Va
ReplyDeleteThis is a great article thanks for sharing this informative information. I will visit your blog regularly for some latest post. I will visit your blog regularly for Some latest post. IVF Lucknow
ReplyDeleteAfter practicing dentistry for 28 years I can say that the dental patients today are the luckiest patients in history. There are so many options available for so many dental problems and with a very high rate of success. whataburger diabetic friendly menu
ReplyDelete