Re:After private equity takes over hospitals, they are less ...
by fourier54 on Thursday August 08, 2024 @10:22AM
(#41191843)
Interesting, would like to read more, can you provide references?
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Re:After private equity takes over hospitals, they are less ...
by spencerchubb on Thursday August 08, 2024 @10:23AM
(#41191864)
Any undergrad economics textbook will have chapters about market failure. Do you want something more specific?
Re:After private equity takes over hospitals, they are less ...
by vundercind on Thursday August 08, 2024 @11:21AM
(#41192486)
We covered it a lot in international political economy (IPE) since market failure scenarios tend to be exactly when even (non-looney/non-bad-faith) capitalism fans want governments to get involved. Guessing textbooks and readers on that sub-field would also be helpful.
(This is also why other posters here observe that examples of sectors prone to market failure have high levels of government involvement)
Re:After private equity takes over hospitals, they are less ...
by dredmorbius on Thursday August 08, 2024 @01:56PM
(#41194356)
Public sector economics and health economics generally. The principles discussed are fundamental to both subdisciplines and should be covered in the introductory chapter(s) of a basic textbook on the subject.
I'd used a textbook by Joseph Stiglitz several decades ago whilst at uni, and there should be an updated version of it out.
I think this might be it or close: Economics of the Public Sector, Fourth Edition. By Joseph E Stiglitz (Author, Columbia University), Jay K Rosengard (Author, Harvard University).
<https://wwnorton.com/books/9780393925227>
The table of contents looks promising, particularly chapter 5.
Also at: <https://search.worldcat.org/title/39485400>
You might also find this in Handbook of public economics by Alan J. Auerbach, Martin S. Feldstein, Raj Chetty, and Emmanuel Saez.