What Sector Has Shortages?

December 12, 2013

Shortages, as any economist knows, arise from government controls and regulations of various sorts. I searched google on one word: shortages. A major cluster of shortages appears in the health sector, confirming that government (federal and state) is the culprit. Drugs are one area. The FDA even has a drug shortages index. The American Society of Health-System Pharmacists also monitors drug shortages. Another health-care shortage area is in trained health professionals. We are told as well that there is a blood shortage. There are always organ shortages. There are always reports of hospital shortages.

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The Best of Michael S. Rozeff

Michael S. Rozeff [send him mail] is a retired Professor of Finance living in East Amherst, New York. He is the author of the free e-book Essays on American Empire: Liberty vs. Domination and the free e-book The U.S. Constitution and Money: Corruption and Decline.