The ethics and economics of health care
Journal of Medicine and Philosophy 30 (6):571 – 578 (2005)
| Abstract | This essay argues that medical innovation proceeds most efficiently and effectively within a free market economy. Medical innovation is an expression of the technological project: the program through which we seek to control nature, to improve the quality and quantity of life. The Technological Project proceeds most efficiently with a free market economy because such a market both promotes competition and encourages innovation. As I argue, the market is a discovery process in which alternatives are tried, tested, and selected by consumer's choices. The alternatives to a free market - primarily central planning and a heavily regulated market - fail adequately to encourage medical innovation. | |||||||||
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Jolanda Dwarswaard, Medard Hilhorst & Margo Trappenburg (2011). The Doctor and the Market: About the Influence of Market Reforms on the Professional Medical Ethics of Surgeons and General Practitioners in The Netherlands. Health Care Analysis 19 (4):388-402.
Allan Walstad (2001). On Science as a Free Market. Perspectives on Science 9 (3):324-340.
Robert Emmet Moffit (1994). Personal Freedom and Responsibility: The Ethical Foundations of a Market-Based Health Care Reform. Journal of Medicine and Philosophy 19 (5):471-481.
Edmund D. Pellegrino (1999). The Commodification of Medical and Health Care: The Moral Consequences of a Paradigm Shift From a Professional to a Market Ethic. Journal of Medicine and Philosophy 24 (3):243 – 266.
Uskali Mäki (1999). Science as a Free Market: A Reflexivity Test in an Economics of Economics. Perspectives on Science 7 (4).
Friedrich Heubel (2000). Patients or Customers: Ethical Limits of Market Economy in Health Care. Journal of Medicine and Philosophy 25 (2):240 – 253.
Daniel Callahan (2006). Medicine and the Market: Equity V. Choice. Johns Hopkins University Press.
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