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Medicine and the Market

Equity v. Choice

Daniel Callahan and Angela A. Wasunna

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Outstanding Academic Title for 2007, Choice Magazine

Much has been written about medicine and the market in recent years. This book is the first to include an assessment of market influence in both developed and developing countries, and among the very few that have tried to evaluate the actual health and economic impact of market theory and practices in a wide range of national settings.

Tracing the path that market practices have taken from Adam Smith in the eighteenth century into twenty-first-century health care, Daniel Callahan and Angela A. Wasunna add a fresh dimension: they compare the...

Outstanding Academic Title for 2007, Choice Magazine

Much has been written about medicine and the market in recent years. This book is the first to include an assessment of market influence in both developed and developing countries, and among the very few that have tried to evaluate the actual health and economic impact of market theory and practices in a wide range of national settings.

Tracing the path that market practices have taken from Adam Smith in the eighteenth century into twenty-first-century health care, Daniel Callahan and Angela A. Wasunna add a fresh dimension: they compare the different approaches taken in the market debate by health care economists, conservative market advocates, and liberal supporters of single-payer or government-regulated systems.

In addition to laying out the market-versus-government struggle around the world—from Canada and the United States to Western Europe, Latin America, and many African and Asian countries—they assess the leading market practices, such as competition, physician incentives, and co-payments, for their economic and health efficacy to determine whether they work as advertised.

This timely and necessary book engages new dimensions of a development that has urgent consequences for the delivery of health care worldwide.

Reviews

Reviews

A timely and necessary contribution. Whether or not one agrees with the authors' conclusions, the book is essential reading for anyone concerned with health care reform. It carries out the critical task of placing our national health care debates in the wider context of justice and health care reform around the world.

A detailed analysis of the differences between health care systems in the United States, Canada, Western Europe, Latin America, and several countries in Asia and Africa.

Among the many valuable contributions of Medicine and the Market... is its potential to motivate a new program of qualitative research into the impact of different health care funding and distribution arrangements, not simply upon our bodies, but also, as it were, upon our souls.

[Callahan and Wasunna] convincingly show that, in health care, markets are famous for maximizing choice, not efficiency.

A book that deserves to be read by anyone concerned with health systems analysis and health care reform.

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About

Book Details

Publication Date
Status
Available
Trim Size
6
x
9
Pages
334
ISBN
9780801883392
Table of Contents

Acknowledgments
Introduction: Of Money, the Market, and Medicine
1. From Adam Smith to HMOs: The Origins of Medicine and the Market
2. A Tale of Two Cultures: Canada and the United States
3. The Endurance

Acknowledgments
Introduction: Of Money, the Market, and Medicine
1. From Adam Smith to HMOs: The Origins of Medicine and the Market
2. A Tale of Two Cultures: Canada and the United States
3. The Endurance of Solidarity: Universal Health Care in Western Europe and Elsewhere
4. The Market in Developing Countries: An Ongoing Experiment
5. The Market Wild Card: Pharmaceuticals
6. The Value of the Market: What Does the Evidence Show?
7. The Future of the Market in Health Care: Undercurrents from the Past, Riptides from the Future
Notes
Index

Author Bios
Featured Contributor

Angela A. Wasunna, LL.M., LL.B.

Angela A. Wasunna is the assistant director of international affairs at Pfizer, Inc., and the coauthor of Medicine and the Market, also published by Johns Hopkins.
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