The fact that the United States spends more than twice as much per person on health care than Germany, France and other countries with comparable health outcomes should suggest that there are enormous potential gains from opening up trade in the health care sector. However, the Obama administration has apparently never considered the possibilities for gains from trade in this sector and the NYT has agreed not to call attention to their protectionist position.
If you are scraping by right now, please don’t give us anything. But if you have the ability to support independent, non-profit journalism, we are so grateful. Your voluntary contribution helps keep this website paywall-free. You can sign up as a subscriber with a range of benefits, including an opt-in to receive the print magazine by mail.