"Crisis of Abundance is full of useful insights, the best being Kling's schema for understanding the value of medical care. Kling offers some innovative ideas on how to introduce more consumerism into health care. It is ideas like these that will move us toward a more market-based system of health care and save us from the disaster that is a single-payer system."
- David Hogberg, The American Spectator [Full text of review]
For a fresh analysis of health care, people ought to look to economist Arnold Kling's new book, Crisis of Abundance. Although it offers no easy villain-versus-hero narrative or solution to the challenges of funding health care, it diagnoses the problem with precision.
- Sally Pipes, National Review Online, President of the Pacific Research Institute
This is a lucid and persuasive book--one of the most accessible guides I have ever seen to what is wrong with our health care system and how we might fix it. People of all ideological persuasions will find it enlightening and helpful.
- Daniel Shaviro, Wayne Perry Professor of Taxation, New York University School of Law, author of Who Should Pay for Medicare?
Crisis of Abundance pinpoints precisely where our health care spending has gone wrong. An emphasis on high-cost 'premium medicine' of marginal benefit, coupled with consumers shielded from its cost, has left us spending more for less. But Kling does more than offer criticisms--he also offers solutions. It's the Back to the Future of healthcare economics.
- Sydney Smith, publisher of Medpundit
This is one of the most important books written on health care.
- Tyler Cowen, Professor of Economics, George Mason University, copublisher of Marginal Revolution --This text refers to the Hardcover edition.
I would recommend this book to anyone vaguely interested in the health care debate.
No matter what your political orientation, there will be material in this book that will bother you -- which suggests he is on to something.
This book is smart and readable, providing the reader with a great overview of parameters to consider.
I read this book in late 2010 - after the passage of Obamacare. The book is clearly written and helped me understand the issues driving health care costs up. Read morePublished on November 16, 2010 by Amazon Customer
I have read several books on the US health care "crisis" in the last six months. Crisis of Abundance is by far the most valuable. Read morePublished on July 1, 2010 by TRowe
This is the best source for understanding the health care I have come across. The book does a great job exploring the complexities of the health care problem and the inevitable... Read morePublished on December 26, 2009 by HVeinott
In an effort to get up to speed on healthcare economics, I purchase Victor Fuchs' Who Shall Live?: Health, Economics, and Social Choice (Economic Ideas Leading to the 21st Century... Read morePublished on July 17, 2009 by E. Husman
Having been chasing the Health care debate for 15 years, and participating almost as long, I have to say that I was basically underinformed in the past. Read morePublished on July 15, 2009 by Aretae
I'm reading this book on the Kindle (and writing this review from the Kindle, also). The content is well-presented and mostly understandable to a noneconomist. Read morePublished on March 2, 2009 by M. Chesebro
It's not as easy of a read as I expected but I believe that it is inciteful and accurate.Published on October 18, 2008 by Amazon Customer
Kling does not leap to the quick fix, but he delineates the problems that must be considered in any attempt to restructure the health care system or its funding. Read morePublished on June 24, 2007 by Johnny & Riza
Crisis Of Abundance: Rethinking How We Pay For Health Care by professional economist Arnold Kling is an in-depth and informative study of the American health care system and the... Read morePublished on June 3, 2006 by Midwest Book Review