The Tyranny of Homo Economicus
How “thinking like an economist” has thwarted progress in America.
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After the passage of Medicare and Medicaid, universal health insurance seemed to be on its way. In 1971, the New York Times observed that “Americans from all strata of society . . . are swinging over to the idea that good health care, like good education, ought to be a fundamental right of citizenship.” The year before, […]