3 ms·
because an individual places a much higher value on his/her own life than the market would That doesn't make sense. I place a much higher value on sunflower s
by crusso 12y ago
because an individual places a much higher value on his/her own life than the market would
That doesn't make sense. I place a much higher value on sunflower seeds than the market does, so that means I buy a ton of sunflower seeds so that I always have a bag on hand. They are cheap to me because I love them.
we need an entirely new systemic approach to health care
We agree there, but probably not in how we would do that. Most of our healthcare industry problems would benefit from more free market, not less. Remove the government structures that create unnecessary middlemen in healthcare like employers and the current insurance companies. If there were any regulation around healthcare, it should be toward opening the market up. Force doctors and hospitals to expose their prices so that consumers can wisely use their healthcare dollars.
Even within healthcare, there are segments that produce better outcomes at diminishing prices; like the cosmetic surgery and corrective vision surgery fields. As you look at those segments, they benefit from being mostly outside of the government-insurance-employer loop of spiraling costs.
Then for all the cherry picking you're trying to do with the private sector, go back and cherry pick on the problems that governments have. Governments purposefully maximize obscurity of relationships between manufacturers, lobbyists, lawmakers, and bureaucrats so that corruption becomes rampant while serving the needs of the consumer falls way behind. If government were in charge of allocating dollars for which medicines were produced, you can bet that there would be massive overproduction of some drugs and massive shortages of others that would take election cycles to correct - with the end result being that people won't get the healthcare that they're needing.