The resolution for this debate is “Be It Resolved: Healthcare markets are not unique and do not require extra government intervention in order to function.” This resolution is constructed to address 50 years of economic debate on the proper role of markets in healthcare, stemming from Kenneth Arrow’s seminal article “Uncertainty and the Welfare Economics of Medical Care” in which he stated the “laissez-faire solution for medicine is intolerable.” We have two debaters who will in general uphold the resolution, and two debaters who in general disagree.
Arguing the Affirmative:
Avik Roy, Senior Fellow, Manhattan Institute; author of The Apothecary Forbes column; graduate of Yale School of Medicine
Dr. Mark Pauly, PhD, Professor of Health Professor of Health Care Management and Business Economics and Public Policy, Wharton School, University of Pennsylvania
Arguing in Opposition
Dr. William Sage, MD/JD, Vice Provost for Health Affairs UT- Austin; editor of Uncertain Times: Kenneth Arrow and the Changing Economics of Health Care.
Dr. Sam Richardson, PhD, Assistant Professor of Public Affairs, LBJ School of Public Affairs, UT-Austin
Moderator: Dr. Fred Campbell, Clinical Professor, UTHSCSA