Academic

GREG MANKIW: The Healthcare-Competitiveness Fallacy. ?A common argument, often made by ostensibly ?

By Glenn Reynolds

GREG MANKIW: The Healthcare-Competitiveness Fallacy. “A common argument, often made by ostensibly sophisticated commentators, is that the United States needs to reform its health care system to maintain its international competitiveness. Regardless of your views of health care reform, this particular argument is, to put it bluntly, nonsense. Long ago, Paul Krugman wrote a nice piece demolishing the whole concept of international competitiveness as a motive for national economic policy. More recently, the Congressional Budget Office has done a nice job explaining why the idea of international competitiveness as a reason for health care reform is fallacious.”

Full post as published by Instapundit.com on May 26, 2009 (boomark / email).