Health care, due to its high upfront costs and centrality to humankind, is often considered ‘different’ and best left outside the domain of markets. But such blanket opposition ignores valid reasons for not dismissing the value markets could bring. Since its inception in 1948 the NHS in...

There is a gap between rhetoric and reality concerning healthcare expenditures and population aging: although decades-old research suggests otherwise, there is widespread belief that the sustainability of the healthcare system is under serious threat owing to population aging. To shed new...