How Economics Explains the World (and Healthcare!)

Are our “free markets” truly free? How can we achieve a balanced healthcare economy when we privatize profits but socialize losses? Andrew Leigh, member of the Australian House of Representatives and professor of economics at Australian National University, joins us to talk about how “economics can be defined as a social science that studies how people maximize their well-being in the face of scarcity”, and how that applies to healthcare.

 

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“When you suffer in silence, you don’t move the needle towards a solution.” – Matt Ramsey

“We need to talk about what is ailing our healthcare system and marshall the troops. This isn’t going to change by a bunch of physicians complaining to their employer. Promise you.” – Matt Ramsey

“We’re in the we’re in the middle of a freaking Armageddon and we’re supposed to be polite. I mean, goodness gracious, what is that?” – Matt Ramsey

“I think the fact that we can no longer have gallows humor, that we can no longer have vulgarity, that we can’t raise our voices sometimes it’s all lunacy.” – Wendy Dean 

 

Notes & Resources

43cc wants to be factual and informational and be hopeful in a way that provides a mechanism to get through this mess and try to be better together.

Moral injury plays a major role in this circumstance as well.

If I Betray These Words… By Wendy Dean, MD

 
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The Fight for Physician-Led Healthcare: Live from PHA Leadership Summit