Arnold Kling on Doctoring the Market

Worth checking out: "Doctoring the Market" by Arnold Kling at Tech Central Station. Here's a sample:

“Health care providers, unlike auto mechanics or computer salesmen, deal with life-or-death issues. However, that does not mean that the ethical dilemmas of the health care profession are more challenging than those in other fields. Most of the ethical dilemmas for doctors do not involve life-or-death decisions. An ethical issue might be whether to fudge a diagnosis for insurance purposes, whether to order an unnecessary procedure or follow-up visit in order to pad the bill, etc.”