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Barking up the wrong tree. Costs are driven down mainly by innovations at the production side not due to consumer behavior. The cost problem is almost entirely
by wellbehaved 10y ago
Barking up the wrong tree. Costs are driven down mainly by innovations at the production side not due to consumer behavior.
The cost problem is almost entirely due to myth, paranoia, and authority worship, which means innovation that would drive down costs comes very slowly and painfully. These are the wages of refusing to question dogma.
- partiallypro 10y agoNo on denies that innovations drive down costs, this is from a libertarian blog...which basically worships market innovations and their effect on driving down costs. But, if you ignore bad incentives and human behaviors in terms of driving up costs, you're gonna have a bad time.
- wellbehaved 10y agoYou missed my point, which was that factors that influence productivity are more fundamental than those that influence consumption. Nobody (sane) enjoys going the doctor.
- topspin 10y agoNo one missed your point. Your point is obvious and terrible. You want the demand side of the equation ignored. Your world view requires that demands for health care be unrestrained and unquestioned and you perform whatever mental contortions you must to allow that view to remain plausible inside your head. You're mentality is common and identified in the story here: "many academics and health care leaders found the idea of health insurance so appealing as to have a bias blinding them to the negative impact of moral hazard" Your point has not been missed. It's just wrong. But don't worry; you have lots of company and you won't be left wanting for support from lots of other wrong people.
- wellbehaved 10y agoYes, you missed my point, because no, I don't want the demand side of the equation ignored.