Another Mouse and Elephant Story
(Read the post below this one, first)
In this one, the high cost and low quality of medical care in the U.S is caused by:
1. The elephant: the huge waste of money in the private health insurance industry.
2. The mouse: lack of widespread use of "nurse practitioners" as a lower cost alternative to doctor visits.
Two economists, Paul Krugman and Anna Bernasek see the elephant.
A Harvard Business School professor, Clayton Christensen sees the mouse.
Tells you something about the Harvard Business School, the institution that famously gave us our first MBA President.