The choice among these alternatives in any given case depends on the degree of difficulty consumers have in making the choice unaided, and on the con… - Kenneth Arrow

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The choice among these alternatives in any given case depends on the degree of difficulty consumers have in making the choice unaided, and on the consequences of errors of judgment. It is the general social consensus, clearly, that the laissez-faire solution for medicine is intolerable. The certification proposal never seems to have been discussed seriously.