IDEAS home Printed from https://ideas.repec.org/p/oxf/esohwp/_102.html
   My bibliography  Save this paper

A Warrant for Pain: Caveat Emptor vs. the Duty of Care in American Medicine, c. 1970-2010

Author

Listed:
  • Avner Offer

Abstract

Bad ethics can make for bad economic outcome. Bad ethics are defined hedonically as the infliction of pain on others for private advantage. The infliction of pain is often justified by 'Just World Theories', which state that everyone gets what they deserve. Market liberalism (and its theoretical underpinning in neoclassical economics) is one theory of this kind. As an example, the micro and macro underperformance of the American health system c. 1970-2010 is explained in terms of the shift in policy norms from the fiduciary norm "first do no harm" to the neo-liberal market norm of "let the buyer beware" (caveat emptor) since the 1970s.

Suggested Citation

  • Avner Offer, 2012. "A Warrant for Pain: Caveat Emptor vs. the Duty of Care in American Medicine, c. 1970-2010," Oxford Economic and Social History Working Papers _102, University of Oxford, Department of Economics.
    • Handle: RePEc:oxf:esohwp:_102
    as

    Download full text from publisher

    File URL: https://ora.ox.ac.uk/objects/uuid_7576f65c-92ec-4ac4-8330-aec812086f09
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Offer, Avner & Pechey, Rachel & Ulijaszek, Stanley, 2010. "Obesity under affluence varies by welfare regimes: The effect of fast food, insecurity, and inequality," Economics & Human Biology, Elsevier, vol. 8(3), pages 297-308, December.
    2. Goodall, Amanda H., 2011. "Physician-leaders and hospital performance: Is there an association?," Social Science & Medicine, Elsevier, vol. 73(4), pages 535-539, August.
    3. Avner Offer, 2006. "The challenge of affluence: self-control and well-being since 1950," Working Papers 6020, Economic History Society.
    4. Offer, Avner & Pechey, Rachel & Ulijaszek, Stanley, 2010. "Obesity under affluence varies by welfare regimes: The effect of fast food, insecurity, and inequality," Economics & Human Biology, Elsevier, vol. 8(3), pages 297-308, December.
    5. Avner Offer, 2012. "Self-interest, Sympathy and the Invisible Hand : From Adam Smith to Market Liberalism," Economic Thought, World Economics Association, vol. 1(2), pages 1-1, December.
    6. Force,Pierre, 2003. "Self-Interest before Adam Smith," Cambridge Books, Cambridge University Press, number 9780521830607, October.
    7. Lilia Costabile (ed.), 2008. "Institutions for Social Well-Being," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-58435-8, December.
    8. Avner Offer, 2012. "Self-interest, Sympathy and the Invisible Hand : From Adam Smith to Market Liberalism," Economic Thought, World Economics Association, vol. 1(2), pages 1-1, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Avner Offer, 2012. "Self-interest, Sympathy and the Invisible Hand : From Adam Smith to Market Liberalism," Economic Thought, World Economics Association, vol. 1(2), pages 1-1, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Avner Offer, 2012. "A Warrant for Pain: Caveat Emptor vs. the Duty of Care in American Medicine, c. 1970-2010," Oxford University Economic and Social History Series _102, Economics Group, Nuffield College, University of Oxford.
    2. Avner Offer, 2013. "Narrow Banking, Real Estate, and Financial Stability in the UK, c.1870-2010," Oxford Economic and Social History Working Papers _116, University of Oxford, Department of Economics.
    3. Komlos, John & Brabec, Marek, 2011. "The trend of BMI values of US adults by deciles, birth cohorts 1882-1986 stratified by gender and ethnicity," Economics & Human Biology, Elsevier, vol. 9(3), pages 234-250, July.
    4. Avner Offer, 2013. "Narrow banking, real estate, and financial stability in the UK, c.1870-2010," Oxford University Economic and Social History Series _116, Economics Group, Nuffield College, University of Oxford.
    5. Robert C. Allen, 2015. "The high wage economy and the industrial revolution: a restatement," Economic History Review, Economic History Society, vol. 68(1), pages 1-22, February.
    6. Lane Kenworthy & Timothy Smeeding, 2013. "GINI Country Report: Growing Inequalities and their Impacts in the United States," GINI Country Reports united_states, AIAS, Amsterdam Institute for Advanced Labour Studies.
    7. Eric B. Schneider, 2014. "Prices and production: agricultural supply response in fourteenth-century England," Economic History Review, Economic History Society, vol. 67(1), pages 66-91, February.
    8. Currie, Phillippa & Smith, Trenton G. & Stillman, Steven, 2014. "Is Job Insecurity Making Australians Fat? Evidence from Panel Data on Perceived Risk of Job Loss," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170720, Agricultural and Applied Economics Association.
    9. Hruschka, Daniel J. & Brewis, Alexandra A., 2013. "Absolute wealth and world region strongly predict overweight among women (ages 18–49) in 360 populations across 36 developing countries," Economics & Human Biology, Elsevier, vol. 11(3), pages 337-344.
    10. Robert C. Allen, 2015. "The high wage economy and the industrial revolution: a restatement," Economic History Review, Economic History Society, vol. 68(1), pages 1-22, February.
    11. Eric B. Schneider, 2014. "Prices and production: agricultural supply response in fourteenth-century England," Economic History Review, Economic History Society, vol. 67(1), pages 66-91, February.
    12. Baggio, Michele & Chong, Alberto, 2020. "Recreational marijuana laws and junk food consumption," Economics & Human Biology, Elsevier, vol. 39(C).
    13. Ferda Halicioglu, 2013. "Dynamics of obesity in Finland," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 40(5), pages 644-657, October.
    14. Conchita D'Ambrosio & Nicholas Rohde, 2014. "The Distribution of Economic Insecurity: Italy and the U.S. over the Great Recession," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 60(S1), pages 33-52, May.
    15. Costa-Font, Joan & Mas, Núria, 2016. "‘Globesity’? The effects of globalization on obesity and caloric intake," Food Policy, Elsevier, vol. 64(C), pages 121-132.
    16. Egger, Garry & Swinburn, Boyd & Amirul Islam, F.M., 2012. "Economic growth and obesity: An interesting relationship with world-wide implications," Economics & Human Biology, Elsevier, vol. 10(2), pages 147-153.
    17. Nancy Kong & Lars Osberg & Weina Zhou, 2018. "The Shattered “Iron Rice Bowl”— Intergenerational Effects of Economic Insecurity During Chinese State-Owned Enterprise Reform," Discussion Papers Series 595, School of Economics, University of Queensland, Australia.
    18. Salmasi, Luca & Celidoni, Martina, 2017. "Investigating the poverty-obesity paradox in Europe," Economics & Human Biology, Elsevier, vol. 26(C), pages 70-85.
    19. Dimitrios V. Diamantis & Kalliopi Karatzi & Paris Kantaras & Stavros Liatis & Violeta Iotova & Yulia Bazdraska & Tsvetalina Tankova & Greet Cardon & Katja Wikström & Imre Rurik & Emese Antal & Alelí M, 2022. "Prevalence and Socioeconomic Correlates of Adult Obesity in Europe: The Feel4Diabetes Study," IJERPH, MDPI, vol. 19(19), pages 1-15, October.
    20. Chavas, Jean-Paul, 2013. "On the microeconomics of food and malnutrition under endogenous discounting," European Economic Review, Elsevier, vol. 59(C), pages 80-96.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oxf:esohwp:_102. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anne Pouliquen (email available below). General contact details of provider: https://edirc.repec.org/data/sfeixuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.