The Bumbling Colossus: The Regulatory State vs. the Citizen; How Good Intentions Fail and the Example of Health Care: A New Progressiveâ s Guide

Field, Henry F

ISBN 10: 1466445548 / ISBN 13: 9781466445543

Verlag: CreateSpace Independent Publishing Platform, 2012

Beschreibung

The item shows wear from consistent use, but it remains in good condition and works perfectly. All pages and cover are intact including the dust cover, if applicable . Spine may show signs of wear. Pages may include limited notes and highlighting. May NOT include discs, access code or other supplemental materials.

Bestandsnummer des Verkäufers BVV.1466445548.G

Bibliografische Details

• Titel: The Bumbling Colossus: The Regulatory State vs. the Citizen; How Good Intentions Fail and the Example of Health Care: A New Progressiveâ s Guide
• Verlag: CreateSpace Independent Publishing Platform
• Erscheinungsjahr: 2012
• Sprache: Englisch
• ISBN-10: 1466445548
• ISBN-13: 9781466445543
• Einband: Softcover
• Zustand: good

Über diesen Titel

Inhaltsangabe

The 2010 health care reform ("ObamaCare") was a high water mark in the pursuit of the Regulatory Illusion -- the use of government agencies to regulate an industry through administrative discretion, mandates and controls for promised but elusive social ends. Instead we have mounting costs, elaborate bureaucracies, and no prospect of cost reduction except by cutting benefits and services. The Regulatory Illusion imagines an omniscient administrator who can allocate capital, improve decision-making and distribute benefits more fairly than markets and consumer choice can. This seductive approach promises a political free lunch, where public benefits are visible and costs are hidden by absorption into the private sector or the tax base. But repeated careful studies, described here, show how our health care system, single-payer systems, and various regulated industries fail us; the noble public purposes of regulation are lost and patients, consumers and taxpayers are harmed, leaving entrenched special interests, protected by the regulatory regime, to profit at our expense. A tale oft told. The solution in health care is to directly empower the individual instead of the employer or the government -- for example using individual or family high-deductible health savings accounts, funded by government for those who need it, and freeing up insurance markets from the regulatory one-size-fits-all straightjacket so competition for individual needs and preferences shapes coverage and cost. This promotes patient satisfaction, creates real universal coverage and real cost constraints.

Über die Autorin bzw. den Autor

Henry F. Field (Harvard BA, University of Chicago JD) is an independent scholar, author, and life-long student of law and economics. He writes on economics, law, and public policy. He is a life member of the American Law Institute.