Friday, November 11, 2005
Single-payer health care and the "laws" of economics
Tyler Cowen writes: "Since single-payer national health insurance violates every economic law known to mankind, I am again unsure how I could leap on the Democratic bandwagon."
The things is, every developed country except the United States has a national health insurance plan. And they mostly seem to work pretty well. So either they don't violate every economic law known to humankind, or else economists are doing a pretty dismal job of adducing economic laws. Which is it?
OK, can't resist the economist jokes:
Why did God create economists? So astrologers wouldn't look so bad.
We have the finest economists around: They predicted 9 of the last 5 recessions!
The things is, every developed country except the United States has a national health insurance plan. And they mostly seem to work pretty well. So either they don't violate every economic law known to humankind, or else economists are doing a pretty dismal job of adducing economic laws. Which is it?
OK, can't resist the economist jokes:
Why did God create economists? So astrologers wouldn't look so bad.
We have the finest economists around: They predicted 9 of the last 5 recessions!
