Tuesday, February 20, 2007

The fundamental problem in health care economics

Thanks to "Econlog", I found this excellent quote:

"Citizens everywhere desire unrestricted access to state-of-the-art technologies. Increasingly, they insist on choice and control, too. Yet they are unwilling to pay what those things cost. People demand as a right the best health care money can buy, delivered in the way that best suits them, expense be damned. All that, and the price must be affordable.

Nowhere can this self-contradictory demand be satisfied."


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