| The ethics and economics of health care. | |
| | |
MedLine Citation:
|
PMID: 16396785 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
|
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. |
| | |
Authors:
|
Nicholas Capaldi |
Related Documents
:
|
7581735 - The nih consensus development program. 16986645 - Online cme options: an update. 12940905 - The artificial organ museum in cleveland (1979-1999) moved to houston, texas, and named... 17108595 - Human factors engineering for clinical applications. 3474395 - Effects of co2 laser irradiation on gingiva. 20490745 - Update on anticonvulsant drugs. |
Publication Detail:
|
Type: Journal Article |
Journal Detail:
|
Title: The Journal of medicine and philosophy Volume: 30 ISSN: 0360-5310 ISO Abbreviation: J Med Philos Publication Date: 2005 Dec |
Date Detail:
|
Created Date: 2006-01-06 Completed Date: 2006-03-27 Revised Date: 2006-10-13 |
Medline Journal Info:
|
Nlm Unique ID: 7610512 Medline TA: J Med Philos Country: United States |
Other Details:
|
Languages: eng Pagination: 571-8 Citation Subset: E; IM |
Affiliation:
|
Loyola University of New Orleans, New Orleans, Louisiana 70118, USA. Capaldi@loyno.edu |
Export Citation:
|
APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
|
Biomedical Research*
/
economics,
ethics Commerce* / ethics Delivery of Health Care / economics*, ethics* Economics* Humans Technology, Medical* |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
Previous Document: Non-Hodgkin lymphoma with high adenosine deaminase levels mimicking peritoneal tuberculosis: an unus...
Next Document: Dispensing with liberty: conscientious refusal and the "morning-after pill".