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The New York Times has a piece this Sunday (7/30/17) by the well-known former Bush II economics advisor Greg Mankiw, “Why Healthcare Policy Is So Hard”. The article broadly acknowledges what every other developed country has recognized for decades, healthcare is not a good candidate for market control.
Interesting that the Times has to call on Mankiw to tell us what is so well known as though this is a revelation.
Why Healthcare Policy Is So Hard
by Greg Mankiw
……..Yet the magic of the free market sometimes fails us when it comes to health care. There are several reasons…..