The 8th edition of this key textbook has been revised and updated throughout, and reflects changes since the implementation of the PPACP. It also revises its treatment of healthy insurance,
and introduces the important literature on social capital as it applies to individual and public health. Written from the perspective of professional economists, it organizes topics in
sections: Basic Economics Tools; Supply and Demand; Information and Insurance Markets; Key Players (hospitals, physicians, labor markets, pharmaceutical industry); Social Insurance; and Special
topics (economic bads, and social capital)