Overview
Since the 1940s, the American health care industry has become increasingly regulated and bureaucratized. Overregulation has driven a wedge between patients and health care providers and caused a substantial reduction in consumer choice. Restoring market-based health care requires instituting proper incentives and removing the regulatory barriers that stand in the way of a consumer-driven system.
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Gary Wolfram is the William E. Simon Professor in Economics and Public Policy at Hillsdale College. He received his B.A. from the University of California Santa Barbara and his Ph.D. from the University of California Berkeley.