Or, at least I believe that is a reasonable interpretation of the papers he references. I will read need to read them in depth. This is an important point on how we go about implementing a new health care system.
Calculemus!
“The only way to rectify our reasonings is to make them as tangible as those of [...]
I agree with what is being said here to a very large extent. Of course, the policies being put forth by Obama and Clinton do not create a single payer system; do not get pulled into that fallacy. Nevertheless, if government payment really is so much more efficient than private payment, then it would not [...]
Every economist knows how important prices are. Lots of information can be backed into that one little scalar. Yet, in some areas, they just aren’t available. Certainly, a number of activities in ‘corrupt’ countries will cost a great deal more than their posted price due to tips, bribes, etc. This adds a great deal of [...]
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