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The credit crunch is a threat to publicly-funded health care. World-leading health economist Cam Donaldson defends our systems on the same basis as public service detractors; economic efficiency. However, protecting government funding of health care is not enough. Donaldson goes on to show how we can get more out of our systems by addressing issues of value for money. This raises several practical and moral issues, such as: what have we have achieved through continuous rounds of health care reform and is there any more that can be achieved? How can we manage scarcity of health care resources through more systematic priority setting? What value do we attach to life and health? Donaldson explains how economics provides much of the answers to such questions. The issues addressed in the book have global appeal. Therefore, given its accessible style, this book will be attractive to the public, health professionals and health policy specialists.