UPDATED The regulation of medical care: Is the price too high? (Cato public policy research monograph) by John C. Goodman free ios apple without signing via
UPDATED The regulation of medical care: Is the price too high? (Cato public policy research monograph) by John C. Goodman free iosBook description
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Half way through. (pg 59 of 134) Fascinating example of how a special interest group (the AMA) is able to bend laws to the advantage of the profession--but to the detriment of individual doctors and patients. A real life example of the destructiveness of collectivism.Finished.If you are interested in understanding how one government intervention leads to market distortions and unintended consequences which then are used to rationalize further government interventions....this would be a good example. Also--a great exposition of the destructiveness which occurs when special interests are allowed special privileges by law.Published in 1980, many the many references to the current laws are outdated---but as a peek at one aspect of the history of the long progression of increasing government interference in the free market provision of health care--it is very informative. I would especially recommend this to physicians (and others) who think licencing laws protect patients. Goodman presents a strong case that instead, licencing laws primarily protect the incomes of physicians.
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