In most private-sector industries, overhead, advertising and distribution costs that some call wasteful are actually the near-inevitable consequence of a competitive system that drives innovation, as illustrated by LASIK surgery (an unregulated health market) showing improving quality and falling cost.

causalpending

Speaker

Russ Roberts

Evidence Quote

in the unregulated part of healthcare surgery that I like to point to given my love of competition LASIK surgery we see lots of improvements in quality and cost

Source

Henry Aaron on Health Care Costs 11/15/2007EconTalk
Created: 6/15/2026, 9:20:32 AM

My Notes

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