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Gr8 points. The healthcare problem is a disconnect in the laws of supply and demand. In economic theory prices are determined by the intersection of supply an
by bubbleRefuge 9y ago
Gr8 points. The healthcare problem is a disconnect in the laws of supply and demand. In economic theory prices are determined by the intersection of supply and demand curves. So when demand shifts up, more supply comes online to meet demand and bring prices back down. In health care this is not happening. Bear in mind that the first and one of the most powerfull lobbying organizations is the AMA.