Need and Healthcare

Smart lad, that Ezra. It's a discursive ethical debate with a cast of unscrupulous players, not a free market of perfect information.

Health care is a sector where consumers are told what they need. Markets need information, and the folks with the information are the doctors. Health care, in other words, is a mediated market. If you want the "market" to work better, you need to focus on the folks who actually make it work. The problem is not in what consumers "want," but what they are told they need.