Health

There was a time not too long ago when America's healthcare was considered the best in the world and it was affordable to all.

It’s true that the US health-care system is a mess, but this demonstrates not market but government failure.

With such consumers in mind, we can assert with confidence that a health insurance mandate must, by praxeological definition, decrease consumer welfare and thus make the economy less efficient.

It is a betrayal of our duty to our patient to use any consideration of some greater social good defined by the government to alter the best course of action for the patient.

In 1918, the Soviet Union became the first country to promise universal “cradle-to-grave” healthcare coverage, to be accomplished throu

On the other hand, a social order weakens these forces when it promises that if the individual's work is hindered by illness or the effects of a trauma, he shall live without work or with little work and suffer no very noticeable reduction in his income.

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.