Thursday, July 22, 2010

From Food Insurance to Starvation in One Easy Post

Camplin traces the devolution our food system would see if consumers bought food insurance instead of food. While it highlights some of the issues in our health system [e.g. price increases are largely demand driven], it ignores others, like the asymmetric information problem between patients and doctors or the fact that we all need to eat several times a day while we may go for years between visits to the hospital.

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