Health Economics
Discusses difficulties presented by government intervention into medical care in two parts: the problems of regulation of pharmaceuticals, and broa
Discusses difficulties presented by government intervention into medical care in two parts: the problems of regulation of pharmaceuticals, and broa
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should. Consumers who pay out of their own pocket will search for the cheapest solutions to suit their needs, while providers of healthcare will compete, through constant innovation, to drive prices down and discover the most efficacious treatments.
The only solution to increasing costs is to eliminate government interference in the market and to allow the price mechanism to work as it should.
Are we going to let government's wartime central planners control our lives 70 years after the fact?
The supporters of socialized healthcare dream that everything will remain the same, except that someone else will pay the bill.
When government assigns positive rights to others, some of us will be forced to pay for it. No right to healthcare is a legitimate right.
With medical costs continuing to rise, mostly due to countless previous interventions in the healthcare economy, the unemployed and downsized workers thought that at the very least their Uncle Santa should take care of their medical needs.
Wherever the doctor is being paid by the authorities and not by the patients, the outcome of compulsion is a set of fees that does not cover the investment in expensive instruments. This has an additional effect that could scarcely have been unintended: It forces the patient into governmentally controlled dispensaries which can afford the investment — at the taxpayer's expense.
"Governmentalizing, and thereby controlling through an appropriate bureaucratic apparatus, the providing of medical, accident, and old age care and of death (burial) benefits seemed an obvious way to put the reins on laissez-faire capitalism as well as on labor."
"There is no greater example of why it is morally incumbent on everyone to oppose all forms of government intervention in all times. That includes, especially, wars that socialize the economy."