Health Care

I very highly recommend Daniel McFadden (2000 recipient of the Royal Bank of Sweden Prize in the Economic Sciences in Memory of Alfred Nobel), "A Dog's Breakfast," in today's Wall Street Journal.  The article, available here, begins with a very useful survey of the state of the U.S. health care market and then turns to a report on McFadden's group's evaluation of the first year of the Medicare Part D prescription drug coverage plan.  He gives it a qualified endorsement. 

TSU