Health Care Politics

The “Costs” of Medical Care

Some politics seems appropriate on election day; ths is from my favorite thinker Thomas Sowell.

If doctors incomes were cut in half, that would not lower the cost of producing doctors through years of expensive training in medical schools and hospitals, nor the overhead costs of running doctors offices. What it would do is reduce the number of very able people who are willing to take on the high costs of a medical education when the return on that investment is greatly reduced and the aggravations of dealing with government bureaucrats are added to the burdens of the work.

via Thomas Sowell : The “Costs” of Medical Care –

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