This book provides a comprehensive yet easy-to-read introduction to the political economy and philosophy of markets and regulation, including common objections and misperceptions of both. It analyzes the 2010 health care reform (ObamaCare) in light of the economics and history of health care finance, and relates this to the Dodd-Frank Act and the causes of the 2008 financial crisis, our experiences with other regulatory regimes since the New Deal, the pros and cons of markets, regulation, single-payer systems and related pertinent questions in economic theory bearing upon the subject, including market failures, behavioral economics, the limits of rationality, and more.
About the Author:
Henry F. Field (Harvard BA, University of Chicago JD) is an independent scholar, author, and life-long student of law and economics. He writes on economics, law, and public policy. He is a life member of the American Law Institute.
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