Health
Free-Market Medicine: The Role of the Large Medical Firm
In a free-market healthcare system, doctors would join together to form large firms to offer the benefits of specialization and economies of scale.
Obesity Increases: Is Capitalism to Blame?
The data suggests the vast majority of Americans have access to healthy food. Some people choose not to eat it.
Why Health Care Costs Exploded After World War II
The advent of health insurance and regulated health care brought a new era of rampant health care inflation.
The Early History of Regulated Health Care
A brief history of how various state interventions have raised health care prices and lessened access.
The Moral Incoherence of Drug Prohibition
The claim is made that drug use is immoral, so must therefore be illegal. Should we outlaw every other immoral activity also?
Drugs, Prohibition, and the Suburban Overdose Crisis
Dr. Mark Thornton is interviewed on the suburban heroin epidemic in America.
The Week in Review: April 16, 2016
Tax day reminds us of the violent coercion that is essential to every government's budget.
Dr. Michel Accad: Can Austrian Economics Save Medicine?
Dr. Accad presents a brilliant application of Austrian theory to real world practice.
What’s So Moral About Moral Hazard?
Moral hazard is a vital concept for economics. We should be careful not to let critics trivialize or dismiss it; when they do, calls for government intervention and special privileges are seldom far behind.