The fraction of national wealth that is spent on the consumption of health care, and the rate of annual growth of this fraction, has given rise to the belief that extensive government involvement is necessary to contain this out-of-control spending. However, strides made over the course of the last decade have created a downward pressure on health care spending that undermines this myth, says J.D. Kleinke, a resident fellow at the American Enterprise Institute. Health care spending increased continuously since [...]