The Myth of a Free Market in Amer...
The Myth of a Free Market in American Healthcare

The Pursuit of Health: a podcast on health policy for a free... by Center for Modern Health

Episode notes

American healthcare is not a free market and never has been. Why? Some economists have argued that healthcare cannot be sold on a free market like other goods and services. But the idea that healthcare should be 'above the market' predates modern economics. In the second episode in our series on 'Rethinking American Medicine', Drs. Colleen Smith and Reinier Schuur expose why the early American medical profession, through the AMA, prevented doctors, patients, and businessmen from developing a mature free market in American healthcare.