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Wednesday, August 23, 2006

A Crisis of Abundance 

[Book Forum, "Crisis of Abundance: Rethinking How We Pay for Health Care," The Cato Institute, 29 August 29 2006.]

The Cato Institute is hosting author Arnold Kling next Tuesday for a forum on his new book, Crisis of Abundance: Rethinking How We Pay for Health Care:

Why do so many pundits say that America's health care system is in crisis? Economist Arnold Kling says that the fundamental challenge in American health care today is that we have many highly trained specialists and advanced technologies but do not know when their use is appropriate or how we should pay for them. He calls this a Crisis of Abundance. Kling argues that markets could do a better job of allocating these resources, and he advocates cutting government health care budgets by two-thirds and reducing third-party payment as a way to encourage better medical decisions.

If you can't make it to the Cato Institute, watch this forum live online.


[Richard B. Warner, "Medical Care Inflation," The Flint Hills Center, August 2003.
Richard B. Warner, "How Would You Like Your Medicine?," The Flint Hills Center, 24 July 1999.
Richard B. Warner, "The Real Culprit," The Flint Hills Center, December 1997.]

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