Hacker News new | ask | show | jobs
by roenxi 290 days ago
We're talking about one vague paragraph in a book that was making a lot of heavy arguments against any level of government planning. It isn't at all clear he was talking about any of those specific things.

"common hazards of life against which, because of their uncertainty, few individuals can make adequate provision" does not technically include arthritis, diabetes, cancer and so on. Most people can make adequate provisions against those things. The median wage in the west is north of $50,000 - that is a huge amount of slack available for saving for the likelihood of sickness.

And insurance in that passage probably means actual insurance. The modern conception of universal government funded healthcare is a long way from that.

If you focus on specific phrases I'm certainly happy to admit it is a reasonable read. The issue is in context of the entire sentences and, indeed, the nature of the book itself it isn't the most likely meaning of the passage. He's not advocating for universal, government funded healthcare in the sense that it gets used in modern everyday conversation.

2 comments

What, pray tell, is Hayek in fact advocating for in that section?
I have a policy of not responding when I feel like writing some variant of "read what I just wrote". I'm going to make an exception here because this is an otherwise dead thread.

I spent 3 quite long comments explaining what I think Hayek is advocating for and why it isn't accurate to call it "universal, government funded healthcare". If you can't come up with a more specific question after reading all that then I am at a loss on how to assist you.

I'm inclined to a different interpretation of "common hazards" and "adequate provision" but otherwise don't massively disagree, so would be happy to leave it there. My takeaway is that Hayek falls somewhere inbetween universal state-funded healthcare (as in say the UK) and modern US libertarianism. I confess to not knowing that much about him before this discussion but I would have suspected him lying much closer to "modern US libertarianism" on this topic than I now believe. So it's been enlightening, thank you.