With the Democrats back in Congressional majority, there’s more talk of health care regulation, and perhaps even a Canada-style socialized-medicine approach. Dr. David Gratzer is the author of a new book, The Cure: How Capitalism Can Save American Health Care, and — as the foreword by Milton Friedman might suggest — he suggests a very different approach. Gratzer, a Canadian physician who has practiced in both the Canadian and American medical systems, looks at the flaws in both approaches, and observes: “The problem and the predicament of American health care can be stated in a single, paradoxical sentence: Everyone agrees that it’s the best in the world, but nobody really likes it.”

We discuss HMO’s, single-payor, Health Savings Accounts, and how Wilbur Mills and Fanne Fox (well, mostly Wilbur Mills) played a major role in creating today’s problems. Plus, what to do about them.

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This podcast brought to you by Volvo USA. Music is “Submarine on Europa,” by Mobius Dick. More about Mobius Dick here and here.