•  
  •  
 

Abstract

Part I of this Article explains the dual analysis of ethics (ethical base of markets as a process and an end result) as it relates to profits and market efficiency. In particular, the author questions whether individuals are able to judge their own welfare and, if so, do individuals accept that they are the best judge. Part II explains the ethics of profit and its relation to poverty. Specifically, the author describes the response to poverty in the context of health care by the consumer and producer. The author concludes by noting that the need for efficiency is in health care is unquestionable, but that markets are not always efficient in this area, especially for the poor. In order to resolve the tension between efficiency and providing health care for the poor, policy makers must articulate the trade-offs between these two social objectives.

Share

COinS
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.