Canada's "private" long-term care homes are anything but private. But the fact a small sliver of the marketplace is allowed to charge fees for services means activists want even more socialized medicine.
In a free, unhampered market economy, individuals’ expectations are likely to correspond to the facts of reality. But we live in an economy where central banks routinely distort market signals and deceive the public.
Menger's contribution is famous beyond Austrian economics, because it was one of the fundamental works of the subjective value theory and of marginal analysis.
The Canadian government promises to make healthcare available to all. Yet Canadians are forced to endure long and deadly wait times for treatment. And it's getting worse.
The outcome of today's currency race is uncertain. The credibility of the leading fiat currencies has suffered substantially. Their instability has fueled crises and weakened growth, so the demand for an alternative store of value is high.
Just as the internet needed web browsers before it could really change the world, Bitcoin needed user-friendly interfaces to grow beyond money and towards being the base layer—the “rails”—for decentralized services built on Bitcoin alone.
Medicine is absolutely poised for incredible entrepreneurial breakthroughs which will revolutionize not only the practice and delivery of medicine, but how we think about health altogether.
