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It's more appropriate to say free markets work great when they are allowed to work. Health care isn't allowed to function in a free market due to the moral impl
by seehafer 12y ago
It's more appropriate to say free markets work great when they are allowed to work. Health care isn't allowed to function in a free market due to the moral implications of doing so given our prevailing morality.
- icelancer 12y agoRight. Not only is it not allowed to function. it simply would devolve into a non-free market anyway. Some markets reach their equilibrium point and do not respect "rationality." Behavioral economics is an entire branch of study that is dedicated to analyzing the discrepancies, and one that libertarians should do well to pay attention to rather than quote maxims.