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Introduction

David Reisman

Chapter 1 in The Political Economy of Health Care, 1993, pp 1-2 from Palgrave Macmillan

Abstract: Abstract Adam Smith showed the way. His great book, The Wealth of Nations, was the first scholarly synthesis of market and State, exchange and authority. Left behind by the intellectual division of labour that since 1776 has broken up the multi-disciplinary whole into the uni-disciplinary parts, the unified perspective is nonetheless of the greatest importance for the analysis of the mixed economy. Every modern economy being a mixed economy, the way that Adam Smith showed is the way that ought now to be followed. Nowhere more so than in the area of health status and health policy which is the subject of this book.

Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37830-8_1

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DOI: 10.1057/9780230378308_1

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