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The original NHS bargain with doctors is moribund: the state kept the monopsony but stopped paying out the promised rewards.

Drawn from what Scott Alexander said

What this subject means

government What states are for and what they are worse at than markets and networks: legitimacy, moral hazard, and who may be entrusted with power.

What Scott Alexander actually said

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  1. Scott Alexander

    Essayist; writes Astral Codex Ten

    The bargain is, in any meaningful sense, moribund. The state retained the monopsony. It stopped paying out the gold.

Added to korrents 18 Sept 2026 · How quotes work · Something wrong? Tell us

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