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by cjy
5135 days ago
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Health care is not a public good (in the economic sense of the word). To be a public good it has to be non-rival and non-excludable. It is definitely rival (the surgeon can't operate on two people at once). And, it is only non-excudable to the extent that society won't let people die just because they aren't able to pay. There are plenty of reasons to think health care will not be efficiently produced by the market (adverse selection in health insurance is one). But, the reason the government will do such a bad job isn't that we have "stupid partisan assholes". It's that the incentives for government bureaucratic are all screwed up (see public choice theory). The problem is deeper than politics. |
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The second has a straightforward answer: universal health care has been implemented successfully in basically every industrial democracy (including the USA, for people over 65). I'd like one of those, please.
The idea that there are first-principles reasons why this "can't work" when it so clearly can and does is just ridiculous. But I see it again and again. It's like libertarians have never been to Canada (or don't have grandparents).