In 1963 and later papers, I pointed out that the special market characteristics of medical care and medical insurance could be explained by reference to differences in information among the parties involved. – Kenneth Joseph Arrow

As a physician and as a pilot, I think it lets me be a pretty good translator having one foot in the medical world and one foot in the flying world. Sometimes when the medical guys come in and speak medical stuff to the pilots, the pilots really dont know what theyre saying. – David M. Brown