Archive for the ‘Economics’ Category

Ration Wisely

All of economics is the study of rationing, because no resource in infinite. Efficiently allocating finite resources is the heart of any economics discussion, health care economics included. Which is why I don’t get how every discussion of changing how our health care system immediately prompts screams of “Rationing!” Well, of course! Since we don’t have infinite doctors, infinite medicine, and infinite time, we are going to have to ration things somehow. The question is, how?

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