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Ohio State University – Lecture: The Ethics of Profit in Medicine

January 28, 2015 @ 12:00 pm - 1:00 pm


Dr. Beth Haynes, Executive Director of Benjamin Rush Institute, will present a lecture on why medicine and healthcare are delivered optimally in a profit-based system, rather than in a government-, or even non-profit system. Free market medicine is better for doctors, patients, and the poor. We invite you to come and listen to Dr. Haynes, especially if this viewpoint is unfamiliar to you or counter to your current views.

Note: This event occurs in the Eastern Time Zone.

POST-EVENT REPORT: Thirty-five OSU students and faculty from across the political spectrum gathered at lunch time for a thought-provoking talk on the role of profits in medicine by Dr. Beth Haynes, Executive Director of BRI. In her talk, Dr. Haynes began by providing data on how the economic freedom of a country correlates positively with health outcomes such as life expectancy. She then spoke about how government regulation of industry is correlated with high prices and poor quality. She gave the examples of healthcare and education as two highly regulated industries that have been problematic for the U.S. for several decades. Conversely, industries free of intervention such as high-tech have more competition and thus lower costs with higher quality.

In order to lend evidence to her point that markets provide optimal benefit to consumers, Dr. Haynes gave examples of doctors from around the country who’ve found ways to provide services for cash. Her examples showed that unfettered markets in healthcare have already succeeded in improving patient care and physician satisfaction while decreasing cost.

Overall, the event was very well received by the students, as evidenced by a lengthy Q&A period following the talk.


January 28, 2015
12:00 pm - 1:00 pm
Event Category:


Sean Moore
View Organizer Website


Graves Hall, Rm 1063
The Ohio State University, 333 West 10th Avenue
Columbus, OH 43210 United States
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