# In an op-ed, Research Scholar Robert Frank examines the economics of Obamacare

1 Faculty News August 3, 2013 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](http://www.nytimes.com/2013/08/04/business/for-obamacare-to-work-everyone-must-be-in.html?_r=0) -- "We must ask those who would repeal Obamacare how they propose to solve the adverse-selection problem. That problem is not an abstraction invented by economists to justify trampling individual liberties. As experience in most countries around the world has confirmed, it is a profound source of market failure that renders unregulated insurance markets a catastrophically ineffective way of providing access to health care."

[Read more](http://www.nytimes.com/2013/08/04/business/for-obamacare-to-work-everyone-must-be-in.html?_r=0)