This book fills an important and large gap in the market for health economics textbooks. It is more rigorous than its competitors, but is also intuitive, with lucid explanation and simple diagrammatic exposition. In a market that is geographically and ideologically segmented, this text is also unusual in its global vision and lack of ideological baggage. It has something for everyone, including the U.S., the other OECD countries, the transition economies, and the developing world. This is a book that will be used worldwide and in a variety of settings and levels, both in universities and in professional training." —Adam Wagstaff, Professor of Economics, University of Sussex