Monday, July 20, 2009
From a reader, responding to my post on health care rationing.
I think you're correct regarding the rationing question. In my opinion (and in the opinion of others more interesting than myself), the term rationing is being misused. Because resources are finite, rationing
*will* take place one way or another. The question is how those resources are rationed. A quick Google search revealed this linked article by Uwe Reinhardt, economics professor at Princeton. There, I think Professor Reinhardt does a pretty good job explaining the fundamental issue (though not in the most polite way, I'm afraid). In the end, I don't think it makes sense to be critical of rationing, but only of certain forms of rationing, and it's important to be clear what specific form we're being critical of.