Dr. Thomas Sowell's Superb Series on the True Economics of Healthcare

READ THE WHOLE THING AND ALL OF ITS PARTS

FOR THE PAST TWO DAYS and several to follow, Investor Business Daily is featuring an editorial series on the economics of healthcare, written by Dr. Thomas Sowell, of the Hoover Institute, and taken from his recently published book, Applied Economics. These daily writings are from a chapter in his book on the economics of healthcare. It is neither shallow nor easy reading.

I would like to say that every thinking American needs to read Sowell's long and extremely well-written series in IBD. It presents compelling argument after argument against nationalizing medicine which so far exceeds anything written in the MSM about the true costs of such government run programs.

For now, I'll link to the separate pieces, including Friday's, and continue linking as they come out in IBD. Later, I'll discuss what I consider the most salient points. It is well worth the read for anyone willing to put the time and effort into the whole series.

Part 4. Monday: Costs of Malpractice Insurance Go Beyond Doctors' Premiums

Part 3. Friday: How Payment by Third Parties Distorts Health Care Decisions.

Part 2. Thursday: How Quantity of Medical Care Is Influenced By Price Controls.

Part 1. Wednesday: The Economics of Medical Care.