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If all you've got is a hammer then every problem begins to resemble a nail. But some problems actually require a screwdriver. The problem with price signals in
by Kim_Bruning 3y ago
If all you've got is a hammer then every problem begins to resemble a nail. But some problems actually require a screwdriver.
The problem with price signals in health care is that they compete with survival signals, and the survival signals sometimes win out.
This makes health care an example of a situation where (traditional) markets become distorted and fail to operate efficiently. A little external help is needed.