How to reform Med School

Is the current medical school curriculum optimal in terms of teaching doctors-to-be how to best practice medicine? DB’s Medical Rants blog says no. “One cannot really understand most diseases if one cannot correlate the physiology. We should focus our anatomy teaching on the big issues, not the 3rd branch off the 2nd artery (hopefully you…

Self-protection and insurance

Typically, economists when economists look at the health insurance market, they focus on the insurance side of it. By this I mean to define insurance as the purchase of a product which will reimburse the buyer in the case of an adverse event. However, one must also look at the concept of protection. Protection is…

No on Mandates

Merrill Goozner has an interesting post (“Unfair and Unbalanced Wonkery on Mandates“) arguing that insurance mandates aren’t good policy (I agree with him on this). For the record: I’m opposed to mandates for two reasons. First and foremost, they’re bad politics. Americans don’t like to be told to do anything. They especially don’t like unfunded…