Monday, February 13, 2006

General practioners

This article discusses two important parts of the medical field, general practices and general practioners. In the first part of the article, it discusses how governmetn funding is used to fund general practices. This is an example of government stepping in to make sure the markets are working correctly, if they are not leaning towards equilibrium. The second part of this article discusses who general practioners rely on to get paid. The article mentions that they rely on the person sitting right in front of them. This is an example of personal decisions interacting in the market. The patient going into the doctor is seeking medical attention, while the practitioner is looking to gain money by taking care of the patient. This is also a trade-off between these two people!!

No comments: