Archive for February 20th, 2020

Basic economics: What happens when demand outraces supply?

February 20, 2020

Yesterday, we posted: Has ObamaCare provided more healthcare?

On cue,  WSJ ran a complementary op-ed by Sally Pipes — a healthcare policy expert: Medicare for All Could Mean Doctors for None.

Pipes’ fundamental conclusion:

Everyone would have coverage, but that’s not the same thing as care.

More specifically:

Patients would have to compete for appointments with a dwindling number of overloaded and underpaid doctors.


Here’s the logic and facts that underlie Pipes’ conclusions…