Tuesday, April 5, 2011

Morality and Medicare, Arnold Kling | EconLog | Library of Economics and Liberty

Morality and Medicare, Arnold Kling | EconLog | Library of Economics and Liberty: "There are always three ways to deal with the increased usage of premium medicine.

a) have government experts ration medical services
b) give consumers fixed amounts of money based on income and medical condition, and having them make their own decisions
c) tell people that neither (a) nor (b) is necessary

Remember that what everybody wants for themselves is unlimited access to medical services without having to pay for them. So the politics of health care push in the direction of (c). I am always ready to have the debate between (a) and (b). But instead, politicians and pundits attack (b) with (c). That is fundamentally immoral."

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