The public blabbers about preventive medicine, but will neither ap

The public blabbers about preventive medicine, but will neither appreciate nor pay for it. You get paid for what you cure. – Martin H. Fischer (1879–1962)

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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

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