Just when it seems as if citizens everywhere are revolting against government, a county in Texas provides a vivid counterexample. In 2012, voters in Travis County approved an increase in their property taxes to help fund a new medical school at the University of Texas at Austin. The school illustrates that taxpayers are willing to support a project they believe is justified.
And this project — the Dell Medical School (it also has funding from the Michael and Susan Dell Foundation) — is well justified, because its curriculum breaks from tradition to address the challenges doctors increasingly face in the effort to improve the value of medical care.
Health care is undergoing surprisingly rapid transformation.
from Bloomberg View – Articles by Peter R. Orszag