Tuesday, September 15, 2009

Stossel on Health Care


This is an oldie but goodie. The point is that health care rationing is a certain byproduct of government health care. The real problem though is it will dry up and destroy the rest of the health care system, so that means you won't have any alternatives. Competition always works better than government if for no other reason than alternatives trump monopolies. Single providers have no incentive to do a particularly good job, and when it's health care you're talking about it means you're hung out to dry. Don't kid yourself. Government doesn't really do anything very well and if it is important you'd be much better off with the free market.

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