Part I. Cost Efficiency and the Hospital System in the United States -- Chapter 1. Fuzzy Numbers: U.S. Hospital Accounting since the 1930s (Christy F. Chapin) -- Chapter 2. Resisting The Dream of Markets: Maryland’s All-Payer Hospital Rate-Setting System and the Persistence of Regulation in...

N.S.B. Gras, the father of Business History in the United States, argued that the era of mercantile capitalism was defined by the figure of the “sedentary merchant,” who managed his business from home, using correspondence and intermediaries, in contrast to the earlier “traveling...