Again in the case of healthcare the facts don't support that theory. In most other industrialized countries, the government takes a way more active role in healthcare. This results is a cheaper and better healthcare system. Why, because the for profit motive is taken as much as possible out of the equation. Economics of healthcare: which countries are getting it right?`
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I'm a major advocate of the single payer system.
I'm a major advocate of educating the foolish...
Free market answers should always be considered before collectivist responses to America's policies.
In the case of the Bolshevik Fallacy, ObamaCare, the flaw is in misunderstanding human nature.
If people have skin in the game, financially, they spend money far more carefully.
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When you spend your own money on yourself (box 1), you try to maximize quality while minimizing cost. And that drives the businesses that are competing for your money to constantly seek more efficient ways of producing better products at better prices.
Governments, by contrast, don’t worry about efficiency or cost."
Why Single-Payer Health Care Delivers Poor Quality at High Cost | Daniel J. Mitchell
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