All Posts Tagged With: "health care"
Profit is Bad for Your Health?
Many self-styled healthcare “reformers” favor a “public” (read: government) insurance option. The advantage of the government plan, President Obama said, is that “there wouldn’t be a profit motive involved.” Some supporters hoped the public option would be a step toward a single-payer government-run system in which the profit motive would disappear entirely from healthcare decisions.
Suspicion [...]
Monsieur Bastiat, Call Your Office
In September I lectured at the Liberty Weekend Dedicated to the Life and Legacy of Frédéric Bastiat, sponsored by the Polish-American Foundation for Economic Research and Education (PAFERE) in Warsaw. Preparing for my visit, I reread Bastiat’s great book The Law. Oh do we need Bastiat today! The Law is the kind of book you [...]
18Nov2009 | Sheldon Richman | 0 comments | ContinuedBig Business Goes Big for Health Care Reform
“What disturbs Americans of all ideological persuasions is the fear that almost everything, not just government, is fixed or manipulated by some powerful hidden hand,” Frank Rich wrote in the New York Times a few months ago.
That manipulation should disturb us. But contrary to Rich, it is not the work of “corporatists” who have sprung [...]
Health Industry to Gain from Health Care Reform
“‘All industries stand to gain from this legislation,’ Steven D. Findlay, senior health policy analyst with Consumers Union in Washington, said in an interview. ‘They’re going to continue to fight their narrow issues and get the best that they can get. But all of them are aware they stand to gain significant new business and new revenue [...]
9Nov2009 | Mike Van Winkle | 0 comments | ContinuedNot with a Bang But a Whimper
Social change can be revolutionary, sudden, and swift. More commonly it moves at a glacier pace. Yet glaciers work great change, and great damage, given enough time.
3Nov2009 | Ross Levatter | 2 comments | ContinuedHealth Care’s Muddled Incentives
On the topic of health care, what empirical observations are reliable? Unfortunately, many “facts” come freighted with a great deal of ideological baggage. Those skeptical of markets, who favor a large role for government in health care, tend to emphasize statistics that disparage the American healthcare system. For supporters of markets, it is tempting to try to [...]
23Oct2009 | Arnold Kling | 4 comments | ContinuedHealth Care: A Future Free-Market Alternative
I visit a new doctor because of complaints I’ve been having. The primary-care doctor begins his first visit with me by explaining his payment system. I need to put down a retainer based on his assessment of the time it will take him to deal with my problem, which he’ll inform me of at the [...]
23Sep2009 | Ross Levatter | 5 comments | ContinuedArrogance
It’s crazy for a group of mere mortals to try to design 15 percent of the U.S. economy. It’s even crazier to do it in a few months.
Yet that is what some members of Congress presumed to do. They intended, as the New York Times put it, “to reinvent the nation’s health care system.”
Let that [...]
Competition Would Save Medicine, Too
Competition so regularly brings us better stuff—cars, phones, shoes, medicine—that we’ve come to expect it. We complain on the rare occasion the supermarket doesn’t carry a particular ice-cream flavor. We just assume the store will have 30,000 items, that it will be open 24/7, and that the food will be fresh and cheap.
I take it [...]
Book Reviews – December 2008
Is the Welfare State Justified?
by Daniel Shapiro
Cambridge University Press • 2007 • 309 pages • $80.00 hardcover; $27.99 paperback
Reviewed by George C. Leef
Americans have lived with the welfare state for so long—more than 70 years—that for most, it is simply a fact of life. Asking whether it is justified would seem about as pointless as [...]
Book Reviews – June 2008
David’s Hammer: The Case for an Activist Judiciary
by Clint Bolick
Cato Institute • 2007 • 177 pages • $11.95 paperback
Reviewed by George C. Leef
In recent years “judicial activism” has been assailed from both ends of the political spectrum. Conservatives complain about “liberal” activism when courts strike down laws they favor, and “liberals” complain about conservative activism [...]
Health-Care Cons
Economist Joan Robinson (1903–1983) wrote, “The purpose of studying economics is not to acquire a set of readymade answers to economic questions, but to learn how to avoid being deceived by economists.”
A better reason to study economics is to avoid being deceived by politicians; they are the far greater threat to life, liberty, and the [...]
Health Care Is Worse Here than Elsewhere? It Just Ain’t So!
In the November 13, 2007, Washington Post, columnist Eugene Robinson attacked former Republican presidential candidate Rudy Giuliani’s claim that health care is better in the United States than in countries with socialized medicine. Robinson offers evidence that socialized medicine in various industrialized countries isn’t much worse, and is sometimes better, than U.S. health care, but [...]
1Mar2008 | David R. Henderson | 0 comments | ContinuedProfit: Not Just a Motive
One of the more common complaints of critics of the market is that “the profit motive” works at cross-purposes with people and firms doing “the right thing.” For example, Michael Moore’s film Sicko was motivated by his desire to take the profit motive out of health care because, in his view, the ways people seek [...]
1Mar2008 | Steven Horwitz | 9 comments | ContinuedBook Reviews – January 2008
- The Cure: How Capitalism Can Save American Health Care
by David Gratzer Reviewed by Jane M. Orient
- Self-Determination: The Other Path for Native Americans
Edited by Terry L. Anderson, Bruce L. Benson, and Thomas F. Flanagan Reviewed by William L. Anderson, Jr.
- The Wal-Mart Revolution
by Richard Vedder and Wendell Cox Reviewed by George Leef - On the Wealth of Nations
by P.J. O’Rourke Reviewed by Raymond J. Keating
Medical Competition Works for Patients
Health-care costs overall have been rising faster than inflation, but not all medical costs are skyrocketing. In a few pockets of medicine, costs are down while quality is up.
Dr. Brian Bonanni has an unusual medical practice. His office is open Saturdays. He e-mails his patients and gives them his cell-phone number.
“I need to be available [...]
Pharmaceutical Profits and Health Are Inconsistent? It Just Ain’t So!
In a critical review of Richard Epstein’s book Overdose: How Excessive Government Regulation Stifles Pharmaceutical Innovation, Arnold Relman (The New Republic, July 30) criticizes drug companies for their hypocrisy. Contrasting the companies’ message to stockholders with their message to the larger world, he quotes Pfizer President Jeffrey Kindler’s statement that his goal is “to create [...]
1Nov2007 | David R. Henderson | 0 comments | Continued-
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Book Reviews
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
