Healthcare – Where Law and Economics Fail Society – Needs the “Laboratory of Democracy”

In the U. S., legal structures as well as economic systems fail to provide people in society with accessible and affordable life-saving medical care. Other government-run national healthcare systems called single payers experience similar medical inadequacies and dollar inefficiencies though not the legal issues of the U.S. Systems theory identifies the government command economy with third-party payment structure as the root cause of healthcare over-spending, variable quality, slow service, and death-by-queue. An effective solution for healthcare system failures derives from the root cause. To make healthcare affordable and accessibl: restore rule of law, remove third-party decision-making, and infuse free market forces. The U.S. could test this hypothesis if states became “laboratories of democracy.”

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Publication Details

Journal
Law Economics and Society
Published
2025-02-19
DOI
https://doi.org/10.30560/les.v1n1p76
Primary Topic
Healthcare Policy and Management
Type
article
Field-Weighted Citation Impact
0.00
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article

Healthcare – Where Law and Economics Fail Society – Needs the “Laboratory of Democracy”

Deane Waldman
Law Economics and Society
Healthcare Policy and Management
article

Healthcare – Where Law and Economics Fail Society – Needs the “Laboratory of Democracy”

Deane Waldman
article en

Abstract

In the U. S., legal structures as well as economic systems fail to provide people in society with accessible and affordable life-saving medical care. Other government-run national healthcare systems called single payers experience similar medical inadequacies and dollar inefficiencies though not the legal issues of the U.S. Systems theory identifies the government command economy with third-party payment structure as the root cause of healthcare over-spending, variable quality, slow service, and death-by-queue. An effective solution for healthcare system failures derives from the root cause. To make healthcare affordable and accessibl: restore rule of law, remove third-party decision-making, and infuse free market forces. The U.S. could test this hypothesis if states became “laboratories of democracy.”

Law Economics and SocietyVol. 1(1)
University of New Mexico (US)
Openalex Percentile: Top 95%
Healthcare Policy and Management
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