4 ms·
Invisible hand of the free market. Healthcare is not even close to a free market.
by k2enemy 13y ago
Invisible hand of the free market. Healthcare is not even close to a free market.
- scarmig 13y agoThe market doesn't fail, it can only be failed.
- 001sky 13y agoThis makes no sense. Market failure is masked by survivorship bias. Failed markets are invisible. Healthcare is both blatantly obvious (as a "market") and as a rigged regulatory "game".
- vacri 13y agoHealthcare cannot be a free market. For a true 'free market', you need to have perfect information. Healthcare is the most complex field in the human condition, and you could have a dozen specialist consultants and still not have perfect information - a layperson can't possibly have anything close to perfect information.