NEJM Reviews Medicare Meets Mephistopheles

This week’s issue of the New England Journal of Medicine carries a review of the Cato Institute’s latest health care book, Medicare Meets Mephistopheles by Cato adjunct scholar David A. Hyman. Reviewer Peter Jacobson of the University of Michigan School of Public Health writes:

Hyman’s bracing critique reflects the fact that neither Medicare’s problems nor the ascendancy of market‐​based approaches to solving them can be ignored any longer.

Medicare Meets Mephistopheles provides a good starting point for free‐​market advocates who are serious about preventing the federal government from imposing price controls on prescription drugs, or otherwise stealing from future generations.