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John C. Goodman
John C. Goodman (born 22 May 1946) is an American health economist and president and CEO of the Goodman Institute for Public Policy Research. He is a senior fellow at the Independent Institute. The Wall Street Journal and National Journal have called Goodman the "father of Health Savings Accounts."
He was the founding president and CEO of the National Center for Policy Analysis (NCPA), a Dallas-based think tank that he led from 1983 until 2014. The NCPA operated until 2017.
Goodman was born on 22 May 1946 in Waco, Texas. He attended the University of Texas at Austin, where he was elected vice president of the student body. The following year he lost the race for student body president to Lloyd Doggett, who later served as a senior Democratic member of the United States House of Representatives.[citation needed]
Goodman received a Ph.D. in economics from Columbia University in 1977. He has taught and conducted research at Columbia, Stanford University, Dartmouth College, Southern Methodist University, and the University of Dallas.[citation needed]
Goodman's doctoral dissertation, The Market for Coercion: A Neoclassical Theory of the State (1976), applied marginal analysis to political systems - a departure from the voting models associated with James Buchanan, Gordon Tullock, and George Stigler's regulatory capture theory. With colleague Philip K. Porter, Goodman published extensions of this framework to regulation, public goods, and welfare economics. Their 1988 article on competitive regulatory equilibrium won the Duncan Black Prize, awarded by the Public Choice Society.
A central result of this research, sometimes called Goodman's theorem, holds that optimal government policy is in principle unachievable in any political system, because differences in organization and information costs mean that opposing groups will almost never exert politically equivalent effort per dollar of benefit at stake.
Goodman's research in health economics began with a study of the British National Health Service, applying public choice theory to explain its structural features. He subsequently examined the history of health care market regulation in the United States, arguing that the American Medical Association had systematically advocated for restrictions on medical practice, education, and insurance.
His 1992 book Patient Power, co-authored with Gerald Musgrave, argued that patients should be empowered as consumers in the health care marketplace and proposed the concept that later became Health Savings Accounts (HSAs). In a 1995 article in Health Affairs, Goodman and Wharton School economist Mark Pauly argued for a universal refundable tax credit as the appropriate mechanism for subsidizing health insurance.
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John C. Goodman
John C. Goodman (born 22 May 1946) is an American health economist and president and CEO of the Goodman Institute for Public Policy Research. He is a senior fellow at the Independent Institute. The Wall Street Journal and National Journal have called Goodman the "father of Health Savings Accounts."
He was the founding president and CEO of the National Center for Policy Analysis (NCPA), a Dallas-based think tank that he led from 1983 until 2014. The NCPA operated until 2017.
Goodman was born on 22 May 1946 in Waco, Texas. He attended the University of Texas at Austin, where he was elected vice president of the student body. The following year he lost the race for student body president to Lloyd Doggett, who later served as a senior Democratic member of the United States House of Representatives.[citation needed]
Goodman received a Ph.D. in economics from Columbia University in 1977. He has taught and conducted research at Columbia, Stanford University, Dartmouth College, Southern Methodist University, and the University of Dallas.[citation needed]
Goodman's doctoral dissertation, The Market for Coercion: A Neoclassical Theory of the State (1976), applied marginal analysis to political systems - a departure from the voting models associated with James Buchanan, Gordon Tullock, and George Stigler's regulatory capture theory. With colleague Philip K. Porter, Goodman published extensions of this framework to regulation, public goods, and welfare economics. Their 1988 article on competitive regulatory equilibrium won the Duncan Black Prize, awarded by the Public Choice Society.
A central result of this research, sometimes called Goodman's theorem, holds that optimal government policy is in principle unachievable in any political system, because differences in organization and information costs mean that opposing groups will almost never exert politically equivalent effort per dollar of benefit at stake.
Goodman's research in health economics began with a study of the British National Health Service, applying public choice theory to explain its structural features. He subsequently examined the history of health care market regulation in the United States, arguing that the American Medical Association had systematically advocated for restrictions on medical practice, education, and insurance.
His 1992 book Patient Power, co-authored with Gerald Musgrave, argued that patients should be empowered as consumers in the health care marketplace and proposed the concept that later became Health Savings Accounts (HSAs). In a 1995 article in Health Affairs, Goodman and Wharton School economist Mark Pauly argued for a universal refundable tax credit as the appropriate mechanism for subsidizing health insurance.