Malcolm Gladwell has written an interesting article in the New Yorker about the Bush Administration’s innovation to improve health care in America, known as Health Savings Accounts.

Here’s a brief excerpt:

A country that displays an almost ruthless commitment to efficiency and performance in every aspect of its economy — a country that switched to Japanese cars the moment they were more reliable, and to Chinese T-shirts the moment they were five cents cheaper — has loyally stuck with a health-care system that leaves its citizenry pulling out their teeth with pliers.

You can read the rest at The Moral-Hazard Myth.