Michael Cannon on Prices and Health

The Great Antidote

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Michael Cannon is the Cato Institute’s director of health policy studies and it is his third time on the podcast. He has been on The Washingtonian’s list of most influential people for four years in a row.

Today, we talk about why people think the American healthcare system is “free market” and the role of prices in determining health outcomes--- and how unfettered markets improve the lives of everyone in need of healthcare. He tells us about the ways government intervention, like patchwork, distorts and attempts to undistort prices, and how it leaves us all worse off. He leaves us with a bit of hope though, so tune in for a sunbeam of optimism in the thundering sky of our health policy landscape!
Want to explore more?

• Michael Cannon on Medicare, a Great Antidote podcast.
• Michael Cannon on Employer-Sponsored Healthcare, a Great Antidote podcast.
• Keith Smith on Free Market Healthcare, an EconTalk podcast.
  • Explore all the EconTalk episodes on healthcare. There are a lot!
• Richard McKenzie and Katherine Shelton, How Free-Market Kidney Sales Can Save Lives- and Lower the Total Cost of Kidney Transplants, at Econlib.

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1. Michael Cannon on Prices and Health (00:00:00)

2. [Ad] The Middle American (00:10:18)

3. (Cont.) Michael Cannon on Prices and Health (00:11:00)