Wednesday, July 25, 2007

All hail the free market

The Indianapolis Star has the following poll on its front page.

Which is better at controlling health care costs?

Government regulation 32 %

Free marketplace 68%

Perhaps the learned readers of the Star do not realize that we have the most "free-market" healthcare system in the developed world and the most expensive. We also pay more our GDP (16%) to healthcare than any other nation. Germany is a distant second at 10.6%.

Masson cites another article in the Star which mentions that (free market) healthcare premiums will rise 10-15 %. It makes no sense why anyone would think our current system is the best way to curtail cost. I can only guess that the we as Americans are trained at birth to believe that the free market is always the best way.

6 Comments:

Blogger Timmy said...

brainwashed!

July 25, 2007  
Anonymous Anonymous said...

The Free Market is always superior to top down government and political actions.
We are very pleased to announce the creation of The Free Market Hall of Fame where members of the Freedom Movement will have the opportunity to initially vote on individuals contributing most to the success and advancement of free markets and free people around the globe during 2007.
Nominations for the Free-Market Hall of Fame are open to the public and can be made by anyone by e-mailing ron@freedomfest.com Individuals can vote for or nominate individuals who they believe should be in the Free Market Hall of Fame. Write-ins are permitted.

The categories will include the following:

1. Academic economists
2. Journalists and writers
3. Business leaders
4. Legislators and government officials
5. Think tanks

A select group of economists and other free-market supporters will make the final decision and vote on upcoming Hall of Fame members.

For more information on the Free Market Hall of Fame go to http://www.freedomfest.com/hofhome.htm
“It’s time we honored all the great teachers, writers, business leaders, legislators, and think tanks that have advanced the cause of liberty," Mark Skousen
Ron Holland, Editor
FreedomFest News http://www.freedomfest.com/news.htm
Author of the online book: “The Swiss Preserve Solution”.

July 25, 2007  
Blogger torporindy said...

Thanks, but no thanks...

July 25, 2007  
Blogger Nölff said...

We are the only country ythat refers to health care as "benefits".

July 27, 2007  
Anonymous Anonymous said...

Um, how is Medicare/Medicaid part of the "free market?"

July 28, 2007  
Anonymous Anonymous said...

It's sad you have no clue about healthcare or the free market. We have a system created by the gov't where 6 out of 7 dollars spent on healthcare are paid by a third party. Singapore actually has the closest example of a free market healthcare. They spend about 4% of gdp on healthcare for a system that is statistically far superior then any other system.

July 29, 2007  

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