Health

Only these four steps, although drastic, will restore a fully free market in medical provision.

The actual solution to the problem of runaway medical costs lies in the precise opposite of the direction chosen by the Clinton plan.

Recorded at Mises University 2009.

In the UK as well — thanks to nationalization, price controls, and government rationing of healthcare — thousands of people die needlessly every year because of shortages of kidney dialysis machines, pediatric intensive care units, pacemakers, and even x-ray machines. This is America's future, if "ObamaCare" becomes a reality.

Nowhere in this document or in successive drafts by Mason and Thomas Jefferson do we read words that could lead the reader to conclude that the federal government ought to care for its citizens or that we ought to look out for one another or that a central government ought to violate our individual natural rights to freedom, independence, and property to achieve the absurdity of mandatory equal access, equal price, equal quantity, and equal quality of health care for all.

The whole idea is just plain dumb, not to mention incredibly ill-timed.

From Part II of Defending the Undefendable, “Medical.” Read by Jeff Riggenbach.

From Part II of Defending the Undefendable, “Medical.” Read by Jeff Riggenbach.

"Costs of production do not determine prices of goods. Prices of goods determine costs of production."

The market, to the extent it is able to work freely, would lower healthcare prices while increasing quality; to the extent that government is involved, expect higher-priced and lower-quality services — and more bureaucracy.