Monday, October 05, 2015

Health Care Is Not A Normal Free Market

In another example of how free market economics fails in a health care model,
a study shows that profits drive the propagation of new health technologies rather than their value to human welfare, In other words, if a technological innovation is really good for people but is difficult to commercialize, it doesn't attract investor funding. How much better would health care be if other things were valued as much as profits?

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